I have to say, SBF has a really good eye for investments.
Just saw the news that the AI editor Cursor completed a $900 million financing round. The FTX liquidation team once sold shares now worth $500 million for just $200,000. It feels like these liquidation lawyers are making more money than imperial confiscators...
FTX's investments in the AI field also include the large model company Anthropic, which is now valued at $61.5 billion. FTX once held an 8% stake, but it was sold off cheaply by the liquidation team early on.
Additionally, FTX invested $100 million in SUI at an average price of $0.114 (obtaining 890 million SUI for $102 million), which was also sold at cost to other VCs by the liquidation team early on.
3.95K
4
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.