FTX’s $1.3B Anthropic sale returns to focus as IPO looms

Anthropic’s IPO filing has brought renewed attention to FTX’s $1.3 billion sale of its investment in the AI company, as an undiluted calculation puts the former stake above $100 billion. Anthropic has filed for a Nasdaq listing, with its offering price and share count still undetermined. Applying FTX’s former 7.84% stake to a hypothetical $1.5 trillion valuation produces $117.6 billion before subsequent dilution. Buyers of the estate’s shares included an Abu Dhabi investment company, Jane Street, Fidelity-managed funds and G Squared. Customer repayments follow allowed bankruptcy claims, with values tied to FTX’s November 2022 collapse. Anthropic announced on Oct. 26 that it had filed an S-1 registration statement with the U.S.

First reported by Crypto News. This page is a short excerpt; the full text is theirs.