FTX wants to unload $1.4B Anthropic stake

A hearing on the motion to sell the stake is set for Feb. 22

article-image

FTX co-founder Sam Bankman-Fried | Getty Images modified by Blockworks

share

The FTX debtors are seeking to sell off its stake in Anthropic.

The artificial intelligence company is a rival to the likes of OpenAI. Former CEO Sam Bankman-Fried made a $500 million investment in the company through Alameda and FTX, putting the estate’s stake around 8%. 

Anthropic sought to raise $750 million last December, putting its valuation at around $18 billion. By those numbers, the investment would be worth around $1.4 billion.

“Given the significant number and value of Anthropic Shares held by the Debtors, the flexibility to sell all or portions of Anthropic Shares at different times, and by different means, will help the Debtors monetize their interest,” a court document from Friday said.

Read more: FTX users ask court to reject repayment plan based on Nov. 2022 values 

The motion will be heard on Feb. 22 at a hearing. 

If approved, then the debtors will start selling shares of Anthropic at “optimal and appropriate” times following Anthropic’s “capital raising efforts.”

This would benefit “all stakeholders.” If the motion is approved, debtors will also create sale procedures for the stake. 

Last week, lawyers representing FTX told a bankruptcy court that the estate scrapped plans to reboot the exchange after it failed to find a buyer who could take on the relaunch. 

A lawyer for the estate, Andrew Dierderich, said “no investor is ready to commit the needed capital to a restart of the offshore exchange. Nor has a buyer emerged for that exchange.” Last year, roughly 75 bidders were contacted.

However, he added that FTX still has “valuable customer data and information to monetize.”

Back in September, Amazon said it planned to invest up to $4 billion in the AI company, which would give the tech behemoth a minority stake in Anthropic.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates (2).png

Research

We’re bullish on the PUMP token. We believe Pump.fun's brand strength, existing integrations, product roadmap, and strategic levers justify PUMP's TGE valuation, and expect the token to re-rate meaningfully higher in the months ahead.

article-image

Big blockers wasted a bitcoin fortune trying to prove a point

article-image

Coinbase’s newest acquisition includes the CEO and Head of Research from Opyn

article-image

Crypto’s highest purpose might be to make markets better by making them bigger

article-image

The non-profit’s “Project Open” seeks to let stocks trade directly on Solana

article-image

The acquisition is Pump.fun’s first, and comes just days before its planned ICO

article-image

As Trump’s tariff war reignites, everyone is assuming the dollar will continue its path lower. But the journey might be bumpy