Raised
$380M
Date
Sep 2021
Company
Lead Investor
Voyager Digital
Source
Notes
Alameda Research borrowed approximately $380 million in cryptocurrencies (primarily Bitcoin, Ether, and USDC) from Voyager Digital in September 2021. The loan was secured by collateral consisting of FTX Tokens and Serum tokens. By September 2022, the outstanding loan balance had declined to approximately $200 million in USD value due to cryptocurrency price depreciation. The loan terms featured interest rates between 1% to 11.5%.