Alameda Research was a Hong Kong-based private equity firm founded by Sam Bankman-Fried in October 2017. It offered cryptocurrency trading on every market and exchange and engaged in over-the-counter (OTC) trading. The firm was shut down in 2022.
With decades of experience from Jane StreetJane Street, OptiverOptiver, SusquehannaSusquehanna, FacebookMeta, and GoogleGoogle, Alameda Research built sophisticated trading systems in the crypto world and quote extremely tight OTC spreads.
In 2021, $155 million worth of WBNBWBNB was put into Alameda Research, putting the value of the company at $10.4 Billion in cryptocurrency. The company's highest investment at the time was $3.17 billion in the AKRO cryptocurrency. The company also invested $4 million in Coin98 FinanceCoin98 Finance, a particular DeFi ecosystem from Southeast Asia. Alameda Research holds about 40 different cryptocurrencies and some of them as well as the company's total investment include:
