NEAR Foundation Has 'Minimal Exposure' to FTX and Alameda

NEAR Foundation released a statement, saying it has "minimal exposure" to the current market developments concerning FTX and Alameda, and it didn't hold any funds on FTX.

Meanwhile, NEAR Foundation said that it raised over $500m in Q1 2022, of which it still has a very large percentage held in fiat and in triple A-rated banks.

Source

Near

FTX

Alameda Research

In This Article

Related News
FTX Plans to Give 98% of its Creditors up to 118% of Allowed Claims FTX Plans to Give 98% of its Creditors up to 118% of Allowed Claims
FTX Aims to Begin to Repay Customers by the End of 2024 FTX Aims to Begin to Repay Customers by the End of 2024
FTX Claim Window Prices $BTC at $16,871, well below the Market Price FTX Claim Window Prices $BTC at $16,871, well below the Market Price
FTX Plans to Repay Customers in Full and The Exchange will not Re-start FTX Plans to Repay Customers in Full and The Exchange will not Re-start
FXT Claims Now Trading at almost 80 cents to the Dollar FXT Claims Now Trading at almost 80 cents to the Dollar
Latest News More More
3 Days Ago Binance Calls on Projects to Combat the Low Float and High FDV Trend
May 17 World Largest Settlement System DTCC and Chainlink Completed Fund Tokenization Pilot Program
May 17 CME Group Plans to Launch Bitcoin Spot Trading
May 17 Layer 1 Blockchain Sei Introduces New V2 Roadmap
May 16 Decentralized Identity Project Humanity Raised $30M, Led by Kingsway Capital
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open