The crypto industry has seen depressed valuations so you can pick up some interesting assets, says Telstra's Patel
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Telstra Ventures general partner Yash Patel joins 'TechCheck' to discuss FTX's reported deal to acquire BlockFi. FTX is reported to have acquired BlockFi and what it means for the crypto industry. The crypto industry has seen depressed valuations so you can pick up some interesting assets, says Patel. Telstra's general partner says FTX deal to buy BlockFi is a good way to pick up interesting assets in the crypto market. The FTX has been linked to a reported deal with BlockFi, but it is not clear what the deal will mean for the tech industry, Patel says. The deal is not the first time BlockFi has been bought by Telstra has been acquired by FTX in the past year, he says. Source