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Only one investment was enough to nearly fill the bankruptcy gap three times.
One of the biggest collapses in crypto history, with a gap of nearly $9 billion, lawsuits, and market-wide bankruptcies.
But amid the wreckage, there was a completely different story.
In 2022, FTX invested $500 million in Anthropic, valuing the company at around $2.5 billion.
Then the collapse happened.
FTX was forced to sell its stake during bankruptcy at a valuation of nearly $18 billion for about $1.5 billion.
Today?
Anthropic is valued at $380 billion after a massive funding round of $30 billion.
If FTX had kept its stake, it would be worth about $30 billion.
A return of nearly 60x.
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