Alameda Research Swaps 129 Million STG for ZRO as LayerZero Blockchain Launches Soon

Following LayerZero's plan to launch its own L1 blockchain, Zero, Alameda Research's bankruptcy liquidation address swapped 129 million STG (12.9% of the total STG supply) for 11.142 million ZRO ($24.29 million) two hours ago. ◎ Alameda Research is an investor in Stargate (STG), and these STG tokens were unlocked as part of investment allocations. ◎ In August 2025, Stargate was acquired by LayerZero for $110 million. STG holders can exchange STG for ZRO at a fixed rate of 1 STG = 0.08634 ZRO. https://intel.(arkm.com)/explorer/address/0x70亿70亿957c284C2C227C980d6E2F804311947b84d0 ---------------------------------------------------------｜Bitget VIP, lower fees, bigger perks