Susquehanna-backed Blockfills up for sale after $75 million lending loss

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Why This Matters

Blockfill, a Chicago-based company backed by Susquehanna, is up for sale after incurring a $75 million lending loss, leading to a temporary suspension of client deposits and withdrawals.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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The Chicago-based company said it was temporarily suspending client deposits and withdrawals last week due to recent market and financial conditions.

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Original article published by CoinDesk on February 19, 2026.
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