The Block bagged a $70 million valuation after it sold a majority stake to a Singapore-based venture capital firm, severing financial ties to scandal-ridden FTX.
![](https://wecoachcrypto.com/wp-content/uploads/2023/11/055a1426-7ad6-408d-9262-7cbd64ad36de-6TfDmO.jpeg)
The Block bagged a $70 million valuation after it sold a majority stake to a Singapore-based venture capital firm, severing financial ties to scandal-ridden FTX.