Wu Shuo learned that, according to @EmberCN monitoring, after LayerZero planned to launch its own L1 blockchain Zero, Alameda Research's bankruptcy liquidation address exchanged 12.9% of its 129 million STG (STG total holdings for 11.142 million ZRO )24.29 million USD( two hours ago. Alameda Research is an investment institution of Stargate )STG(, and these STG were obtained through investment unlocks. In August 2025, Stargate was acquired by LayerZero for 110 million. STG holders can convert STG to ZRO at a fixed ratio of 1 STG = 0.08634 ZRO.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Wu Shuo learned that, according to @EmberCN monitoring, after LayerZero planned to launch its own L1 blockchain Zero, Alameda Research's bankruptcy liquidation address exchanged 12.9% of its 129 million STG (STG total holdings for 11.142 million ZRO )24.29 million USD( two hours ago. Alameda Research is an investment institution of Stargate )STG(, and these STG were obtained through investment unlocks. In August 2025, Stargate was acquired by LayerZero for 110 million. STG holders can convert STG to ZRO at a fixed ratio of 1 STG = 0.08634 ZRO.