Troubled crypto lender BlockFi said Friday that it agreed to an option to be acquired by FTX for up to $240 million. It also will receive a $400 million revolving credit facility from the crypto exchange operator. What to know: The acquisition figure would include performance incentives, and BlockFi didn't specify how much would be an upfront payment. CNBC yesterday reported the base price could be as low as $25 million, compared to the $2.1 billion that BlockFi has raised in venture capital funding. (full story)