Funding Round: Voyager Digital Loan (Alameda Research)
The record claims a 'Voyager Digital Loan (Alameda Research)' of $380 million in 2021-09. The source confirms that Alameda borrowed approximately $377-380 million from Voyager, with documents showing ties 'as far back as September 2021,' which matches the claimed date of 2021-09. However, the source describes this as Voyager lending to Alameda (not Alameda lending to Voyager), and the $500 million figure mentioned is a later bailout in June 2022, not the original loan. The $377-380 million amount is confirmed, but the characterization of the transaction direction and the nature of the funding round may be imprecise or inverted in the record.
Our claim
entire record- Company
- Alameda Research
- Company
- Alameda Research
- Name
- Voyager Digital Loan
- Date
- September 2021
- Raised
- 380000000
- Raised Low
- 380000000
- Raised High
- 380000000
- Instrument
- convertible_note
- Lead Investor
- Voyager Digital
- Lead Investor
- Voyager Digital
- Notes
Alameda Research borrowed approximately $380 million in cryptocurrencies (primarily Bitcoin, Ether, and USDC) from Voyager Digital in September 2021. The loan was secured by collateral consisting of FTX Tokens and Serum tokens. By September 2022, the outstanding loan balance had … expand
Alameda Research borrowed approximately $380 million in cryptocurrencies (primarily Bitcoin, Ether, and USDC) from Voyager Digital in September 2021. The loan was secured by collateral consisting of FTX Tokens and Serum tokens. By September 2022, the outstanding loan balance had declined to approximately $200 million in USD value due to cryptocurrency price depreciation. The loan terms featured interest rates between 1% to 11.5%.
Source evidence
1 src · 1 checkNoteThe record claims a 'Voyager Digital Loan (Alameda Research)' of $380 million in 2021-09. The source confirms that Alameda borrowed approximately $377-380 million from Voyager, with documents showing ties 'as far back as September 2021,' which matches the claimed date of 2021-09. However, the source describes this as Voyager lending to Alameda (not Alameda lending to Voyager), and the $500 million figure mentioned is a later bailout in June 2022, not the original loan. The $377-380 million amount is confirmed, but the characterization of the transaction direction and the nature of the funding round may be imprecise or inverted in the record.