Alameda Research Bankruptcy Liquidation Address Converts 129 Million STG to ZRO, Valued at $24.29 Million

Odaily News According to Yu Jian monitoring, 2 hours ago, the Alameda Research bankruptcy liquidation address (0x7B7...84d0) converted its holdings of 129 million STG into 11.142 million ZRO, valued at $24.29 million. This batch of STG accounts for 12.9% of the total STG supply and was obtained by Alameda Research as an investment institution through investment vesting unlocks. Previously, LayerZero announced plans to launch the L1 public chain Zero and acquired Stargate for $110 million in August 2025. STG holders can exchange at a fixed ratio of 1 STG = 0.08634 ZRO.