Chromia gets major liquidity provider to boost ecosystem growth

Chromia gets major liquidity provider to boost ecosystem growth

Alameda Research (the group behind FTX) joins Chromia ecosystem as  a Liquidity Provider

Today, we are proud to announce that Alameda Research will become one of the liquidity providers for Chromia.

Chromia will be adding additional 14,245,014 CHR tokens in circulation on August 2nd 2020 and additional 1,791,003 CHR each month starting September 2020 and ending January 2021 as a part of an liquidity provision deal with Alameda Research.

The whole amount of tokens will be minted for the ecosystem fund and will not affect the maximum available amount of tokens planned to mint.

About Alameda Research

Alameda Research was founded in October 2017. We manage over $100 million in digital assets and trade $600 million to $1.5 billion per day across thousands of products: all major coins and altcoins, as well as their derivatives. We have a full-scale global operation with the ability to trade on all major exchanges and markets.
With decades of experience from Jane Street, Optiver, Susquehanna, Facebook, and Google, Alameda Research’s team have built the most sophisticated trading systems in the crypto world.