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Did FTX put a $500 million stake in AI firm 'anthropic' on a pause?

Magazine: Earlier in June, a $500 million stake in AI firm Anthropic held by FTX was floated for sale, but that offer has reportedly been put on pause by the advisor bank to the embattled crypto exchange.

Does FTX have a stake in anthropic?

FTX's 2021 investment initially gave it a 13.56% equity stake in Anthropic. The FTX stake has been diluted by the company's subsequent fundraising, which includes a $4 billion investment from Amazon.com.

Why did FTX sell anthropic shares?

The sale of the Anthropic shares is a big win for the FTX estate, which pledged in January to pay back the defunct exchange's customers 100% of the value of their holdings at the time of the exchange's collapse. FTX's FTT token climbed 10% on the news. FTX and Alameda paid $500 million for the 8% stake in Anthropic in 2021.

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