Genesis Digital Assets with a Previous 11 Billion Investment from Alameda Interested in US IPO
The origins of GDA can be traced back to Alameda Research, a quantitative trading firm that has since closed down and had a strong connection with the FTX exchange, according to data. Alameda had invested a total of approximately $1.15 billion in GDA four times in 2022, bringing its valuation to $5.5 billion in April of that year and enabling it to rapidly expand its business in the United States.
