Susquehanna-backed Blockfills up for sale after $75 million lending loss

Blockfills, a cryptocurrency trading and liquidity firm backed by Susquehanna International Group, is up for sale following a significant $75 million loss in its lending operations. The company has faced challenges in the volatile crypto market, prompting the decision to seek a buyer. Blockfills was founded in 2018 and has been involved in providing trading and liquidity solutions for digital assets. The sale comes as the firm aims to stabilize its financial position amid ongoing market fluctuations.

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