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Binance US, Coinbase, Curve in Bidding War for BlockFi Credit Card Customers

Binance US and Coinbase are among the bidders for the BlockFi credit card program and its associated customers, Blockworks has learned, while smaller fintech competitor Curve is also in the hunt for the approximately 87,500 BlockFi accounts.

BlockFi itself is believed to have a hole in the balance sheet approximating $800m and is not understood to be heavily involved in the negotiations to purchase its card assets.

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