First Syndicated Loan for Alameda Research Surpasses USD 100M


 
Maple Finance, an institutional capital marketplace focused on crypto, has issued its first syndicated loan in excess of USD 100m to Alameda Research, a quantitative trading firm and parent company of crypto derivatives exchange FTX.
According to an announcement from Maple Finance, the loan to Alameda was made possible after the crypto lending and borrowing firm Abra deposited USD 25m into Alameda’s pool on the platform. …
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