Odaily Planet Daily reports that according to Ember monitoring, two hours ago, Alameda Research’s bankruptcy liquidation address (0x7B7…84d0) exchanged 129 million STG tokens for 11.142 million ZRO tokens, valued at $24.29 million. This STG accounts for 12.9% of the total STG supply and was obtained by Alameda Research as an investment institution through investment unlocks. Previously, LayerZero announced plans to launch the L1 blockchain Zero and in August 2025, acquired Stargate for $110 million. STG holders can exchange their tokens at a fixed rate of 1 STG = 0.08634 ZRO.
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