FTX Sells Anthropic Shares

FTX bankruptcy trustee has reached an agreement to sell the majority of shares in the artificial intelligence startup Anthropic to twenty-four institutional investors, fetching $884 million.

According to court documents from Friday, the main buyer is ATIC Third International Investment Company, an investment firm fully owned by the sovereign wealth fund of the Abu Dhabi government, Mubadala. ATIC has committed to purchasing 16,664,167 shares in Anthropic from FTX for $500 million.

Among other buyers was Jane Street Global Trading, a company associated with the former employer of former FTX CEO Sam Bankman-Fried, as well as "certain funds" associated with Fidelity Investments and The Ford Foundation.

The sale of Anthropic shares is a significant success for the FTX bankruptcy trustee, who in January pledged to return 100% of the value of customers' funds at the time of the exchange's collapse. Following this news, the FTX token (FTT) saw a 10% increase in value.