Alameda

Binance FTX Owner Alameda Invests 7-Figure Sum Into Rival Quant Trading Firm thumbnail

Binance FTX Owner Alameda Invests 7-Figure Sum Into Rival Quant Trading Firm

acquired a minority stake just before Christmas. In February, FTX opened a public sale for tokenized equity that would take its overall valuation up to a billion dollars. The sale is expected to finish March 7. Alameda was reportedly impressed by the speed in which Folkvang aggressively captured market share. With daily trading volumes in…