PANews reported on February 12 that, according to on-chain analyst Yu Jin, after LayerZero planned to launch its own L1 public chain Zero, Alameda Research's bankruptcyPANews reported on February 12 that, according to on-chain analyst Yu Jin, after LayerZero planned to launch its own L1 public chain Zero, Alameda Research's bankruptcy
The Alameda Research liquidation address exchanged 129 million STG for 11.142 million ZRO.
PANews reported on February 12 that, according to on-chain analyst Yu Jin, after LayerZero planned to launch its own L1 public chain Zero, Alameda Research's bankruptcy liquidation address exchanged 129 million STG (12.9% of the total STG supply) for 11.142 million ZRO (US$24.29 million) two hours ago.
- Alameda Research is an investment arm of Stargate (STG), which is acquired through investment vesting.
- In August 2025, Stargate was acquired by LayerZero for $110 million. STG holders can exchange STG for ZRO at a fixed ratio of 1 STG = 0.08634 ZRO.
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