Tag: Alameda

Near Foundation Raises $150 Million to Bolster Web3 Adoption

Near Foundation Raises $150 Million to Bolster Web3 Adoption

On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind […]

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AscendEX completes $50 million Series B round led by Polychain and Hack VC

AscendEX completes $50 million Series B round led by Polychain and Hack VC

Singapore-based cryptocurrency platform AscendEX, formerly known as BitMax, has raised $50 million in a Series B funding round. San Francisco-based Polychain Capital and Nevada-based private equity firm Hack VC led the round. Additional firms participating include Jump Capital, Alameda Research, Uncorrelated Ventures, Eterna Capital, Acheron Trading, Nothing Research, and Palm Drive Capital. Imperii Partners advised […]

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Uncollateralized Lending Platform Truefi Raises $12.5 Million From A16z, Alameda and Blocktower

Uncollateralized Lending Platform Truefi Raises $12.5 Million From A16z, Alameda and Blocktower

Truefi, an uncollateralized loan platform, has raised $12.5 million from three important investors. The token sale was led by Blocktower, a New York-based cryptocurrency investment firm. Other important investors were Alameda Research — owned by Sam Bankman-Fried, founder of FTX — and A16z. Truefi is one of the few uncollateralized defi-based lending protocols in the […]

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FTX’s Sam Bankman-Fried breaks down the Solana and Serum ecoystems

It’s been an impressive month for the digital assets tied to billionaire crypto exchange executive Sam Bankman-Fried.  Solana, the layer-1 blockchain competitor to Ethereum, has seen its price surge 47.8% over the last month, according to CoinGecko. Bankman-Fried is one of Solana’s most prominent supporters. Meanwhile, Serum, the Solana-based DEX, has seen its native token […]

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Token deal drama between Alameda, Reef Finance breaks into public view

A recent token deal between crypto firms Alameda Research and Reef Finance quickly turned into an ugly — and public — fight on Monday. Both parties started slinging mud at each other, alleging that the other party was in the wrong. It all started with Alameda Research buying, or “investing,” $20 million in Reef Finance […]

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Alameda Research acquihires DeFi project Ren — the maker of renBTC

Alameda Research acquihires DeFi project Ren — the maker of renBTC

Crypto market maker Alameda Research has acquihired Ren — the DeFi project behind the development of tokenized bitcoin renBTC. The news means Ren’s core development team, around 10 to 20 people, will join Alameda, Alameda CEO Sam Bankman-Fried told The Block. “We expect them to keep producing good projects and not really miss a beat,” […]

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Mapping out Alameda Research’s Portfolio

Mapping out Alameda Research’s Portfolio

Quick Take Alameda Research is a Hong Kong-based quantitative cryptocurrency trading firm that does a combination of arbitrage, quantitative strategies, liquidity providing, and OTC trading across crypto platforms The firm has been an active participant in decentralized finance (DeFi) by deploying capital to DeFi applications for yield opportunities and launching Serum, a decentralized exchange, through […]

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Alameda pours $3 million into retail trading bot platform as FTX continues push into retail

Alameda pours $3 million into retail trading bot platform as FTX continues push into retail

One of the bitcoin world’s most prominent professional trading shops, Alameda Research, is backing retail crypto startup 3Commas in a $3 million funding round, the firm announced Tuesday. The Estonia-registered company, which is known for offering retail traders the ability to construct automated bots to trade cryptocurrencies across several exchange venues, claims a userbase topping […]

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