💰 FTX’s sold stake in Anthropic could have been worth tens of billions
On November 14, the Financial Times revisited an investment by Alameda Research, which was linked to the bankrupt FTX exchange: in 2021, the company invested $500 million in AI developer Anthropic and acquired a stake of nearly 14%. During the bankruptcy proceedings, the stake was sold in 2024 for about $1.3 billion, with the proceeds going to creditors.
According to the FT, at Anthropic’s reported valuation of around $1.5 trillion, the stake could theoretically be worth about $37 billion. This is a hypothetical calculation based on the company’s estimated valuation—not profit actually realized or money currently available to FTX.
The story illustrates how much the potential value of venture investments can differ from the amount they fetch in a bankruptcy sale. Anthropic’s future valuation and the terms of any potential offering are not yet guaranteed.
Source: Financial Times, November 14, 2026.
#FTX #Crypto
On November 14, the Financial Times revisited an investment by Alameda Research, which was linked to the bankrupt FTX exchange: in 2021, the company invested $500 million in AI developer Anthropic and acquired a stake of nearly 14%. During the bankruptcy proceedings, the stake was sold in 2024 for about $1.3 billion, with the proceeds going to creditors.
According to the FT, at Anthropic’s reported valuation of around $1.5 trillion, the stake could theoretically be worth about $37 billion. This is a hypothetical calculation based on the company’s estimated valuation—not profit actually realized or money currently available to FTX.
The story illustrates how much the potential value of venture investments can differ from the amount they fetch in a bankruptcy sale. Anthropic’s future valuation and the terms of any potential offering are not yet guaranteed.
Source: Financial Times, November 14, 2026.
#FTX #Crypto