Alameda Research Ventures is a multi-stage fintech and cryptocurrency investment firm. Its mission is to make finance accessible for all. Its portfolio includes companies that use cryptocurrencies and blockchain technology in real world applications. The firm has invested in 49 companies so far. It has raised $6.2 million in a recent investment.
According to Bloomberg, the crypto exchange FTX has absorbed the venture capital arm of Alameda Research. The move was confirmed by the company’s CEO, Carolyn Ellison, before Sam Trabucco resigned. FTX Ventures is a startup investment arm of the company. Sam Trabucco, the co-CEO, will transition into an advisory role.
Alameda has made significant investments in projects that can add liquidity to the cryptocurrency ecosystem. It has invested heavily in the Solana network, which is expected to be fully operational by 2022. It also works on yield farming and over-the-counter trading strategies. Its portfolio focuses on the Solana blockchain and other early stage crypto projects.
Alameda Research Ventures has been a major investor in Stocktwits, a social trading platform for traders and investors. The social network supports all asset classes, including emerging investments such as crypto. The company recently raised a Series B round led by Alameda Research Ventures. It also secured investment from Times Bridge, the global investment arm of India’s Times Group.
Alameda Research is one of the largest venture capital firms in the Crypto industry. It aims to become a market maker that can provide high liquidity to the Crypto community. The firm focuses on projects with low arbitrage and high liquidity. In addition, Alameda Research provides full-service project management to its portfolio companies.
Sam Bankman-Fried, the CEO of both FTX and Alameda Research, has commented on the recent reports that FTX Ventures was planning to acquire Alameda Research. He has explained that the quote has been misinterpreted. The two companies are not identical, but both have lent financial aid to troubled cryptocurrency participants.
Alameda Research also invested in Coin98 Finance last April. The venture capital firm made the investment because of its belief that the crypto market will continue to grow rapidly in the coming years. The firm has also backed the crypto custody firm Anchorage Digital. The company is currently in the process of launching its own offerings.