LayerZero Bought FTX, FTX Ventures, Alameda out of 100% of Their Equity Position, Token Warrants

Bryan Pellegrino, the co-founder of LayerZero, tweeted that LayerZero has bought FTX, FTX Ventures and Alameda out of 100% of their equity position, token warrants, and any all agreements between them.

The Foundation currently have about $107m in direct cash balance, $27m in on-chain funds (about 90% in stablecoins) for a total of $134m.