The origin of GDA can be traced back to Alameda Research, a now-defunct quantitative trading firm highly associated with the FTX exchange. Data shows that Alameda made four investments totaling approximately $1.15 billion in 2022, boosting its valuation to $5.5 billion in April of that year and enabling rapid expansion of its business in the United States.
Genesis Digital Assets Backed by 11 Billion from Alameda Eyes US IPO