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Why is FTX halting the sale of anthropic?

Image: Shutterstock Bankrupt cryptocurrency exchange FTX is putting the brakes on the sale of its stake in AI platform Anthropic, according to a Bloomberg report on Tuesday. While no specific reason for the halt was given, FTX holds over $500 million worth of shares in Anthropic, according to a November 2022 report by the Financial Times.

Does FTX own anthropic?

FTX invested $500 million in Anthropic in 2021, and currently holds a 7.84 percent stake in the company, according to court documents. The company had sought permission to sell the shares as part of its court-supervised effort to liquidate its assets and repay customers who lost access to their accounts when the company collapsed in 2022.

Is FTX halting the sale of AI startup anthropic?

Collapsed crypto exchange FTX has halted the sale of AI startup Anthropic, according to reports. The company is focused on AI, which has grown in value in recent months. The boutique investment bank that is advising FTX, Perella Weinberg Partners, told bidders that the sale would not take place.

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