Bankrupt FTX estate seeks to sell its shares in AI startup Anthropic

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Cointime2024/02/05 13:25

By:Cointime

According to court filings, the estate of bankrupt crypto exchange FTX is looking to sell its shares in AI startup Anthropic. FTX's estate owns approximately 7.84% of Anthropic, which received a $500 million investment from FTX and Alameda in 2021. The estate had attempted to sell the stake last year, but the process was paused in June 2023. The proposed sale procedures will allow the estate to coordinate the sale of Anthropic shares at an optimal time and maximize the value for all stakeholders. A hearing on the matter may take place later this month.

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