Foresight Ventures, a Singapore-based investment firm, has bought a majority stake in crypto media company The Block, purchasing an 80% stake at $60 million. This strategic acquisition comes almost a year after the collapse of FTX and Alameda Research, from the latter of which The Block’s previous CEO, Mike McCaffrey, had borrowed several million dollars. […]
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Go here to Read this Fast! Singaporean VC firm Foresight Ventures buys 80% stake in The Block
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Singaporean VC firm Foresight Ventures buys 80% stake in The Block