FTX Ventures Will Not Merge With Alameda Research, SBF Says

Sam Bankman-Fried said the speculation that FTX Ventures and Alameda Research will unite is a “big misrepresentation.” The CEO of the cryptocurrency exchange FTX – Sam Bankman-Fried – said the venture capital arm of his company (FTX Ventures) will not merge with the principal trading firm Alameda Research. Bloomberg reported recently that FTX Ventures will absorb the operations of Alameda Research, both of which entities were founded by SBF.