Asia Fund Picks Up Majority Stake in The Block, Buys Out Shares Tied to Sam Bankman-Fried Loan

Asia Fund Picks Up Majority Stake in The Block, Buys Out Shares Tied to Sam Bankman-Fried Loan Singaporean venture capital firm Foresight Ventures has bought a majority stake in The Block, with the crypto media outlet being valued at $70 million.