20% of Solana projects backed by FTX/Alameda

Ritu13 · Post time 8-11-2023 10:12:31

Solana co-founder and CEO Anatoly Yakovenko has stated that approximately 20% of Solana projects have received investments from FTX or Alameda Research, with only 5% of ecosystem startups having funding from FTX. For instance, infrastructure company Coral, which operates on Solana, suffered asset losses of approximately $14.5 million on FTX.

Yamini003 · Post time 8-11-2023 10:13:10

The amount of investments received is quite substantial.

Janak9955 · Post time 8-11-2023 10:17:41

Collecting such data is intended for professionals.

Jiger955 · Post time 8-11-2023 10:20:57

This has resulted in a significant loss, hasn't it?