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15.12 - 12:45
Alameda Research leads $35M fund raise for crypto trading app Stacked
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Alameda Research, a cryptocurrency trading firm founded by crypto billionaire Sam Bankman-Fried, has led a $35 million investment in the automated crypto trading app Stacked.
On Dec. 9, the startup officially announced the successful completion of a Series A funding round co-led by Alameda and Mirana Ventures, a venture partner of Bybit exchange and BitDAO.
The new funding will reportedly help Stacked grow its 40-person team to over 100 employees in 2022 and continue scaling its suite crypto portfolios and automated lending products.
According to Alameda Research Ventures’ partner Brian Lee, Alameda started investing in Stacked over a year ago and is now sure about their ability to provide a “unique and simple investment experience for retail
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