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Alameda Research

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Alameda Research LLC is a quantitative trading firm[1][2]

History[edit]

In November 2017, Alameda was founded by Sam Bankman-Fried.[1][3]In January 2018, Bankman-Fried organized an arbitrage trade, moving up to $25M per day, to take advantage of the higher price of bitcoin in Japan compared to in America.[3]

As of 2021, Bankman-Fried owns approximately 90% of Alameda Research.[4]

References[edit]

  1. 1.0 1.1 Lipton, Eric; Livni, Ephrat (2021-07-23). "Crypto Nomads: Surfing the World for Risk and Profit". The New York Times. ISSN 0362-4331. Retrieved 2022-07-26.
  2. "Alameda Research LLC - Company Profile and News". Bloomberg.com. Retrieved 2022-07-26.
  3. 3.0 3.1 Wallace, Benjamin (2021-02-02). "The Mysterious Cryptocurrency Magnate Who Became One of Biden's Biggest Donors". Intelligencer. Retrieved 2022-07-26.
  4. "Portrait of a 29-year-old billionaire: Can Sam Bankman-Fried make his risky crypto business work?". finance.yahoo.com. Retrieved 2022-07-26.


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