{"id":17505,"date":"2026-11-11T16:12:26","date_gmt":"2026-11-11T16:12:26","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=17505"},"modified":"2026-11-11T16:12:30","modified_gmt":"2026-11-11T16:12:30","slug":"ftxs-former-anthropic-stake-could-now-be-worth-more-than-30-billion","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2026\/11\/11\/ftxs-former-anthropic-stake-could-now-be-worth-more-than-30-billion\/","title":{"rendered":"FTX\u2019s Former Anthropic Stake Could Now Be Worth More Than $30 Billion"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">FTX\u2019s former investment in artificial intelligence company Anthropic could be worth more than $30 billion at the company\u2019s proposed IPO price, nearly two years after the bankrupt crypto exchange sold the entire position for about $1.34 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Anthropic\u2019s latest SEC filing sets an expected IPO price range of $70 to $78 per share.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After adjusting FTX\u2019s former holding for Anthropic\u2019s September 2026 stock split, the position could be worth roughly $31.2 billion to $34.7 billion at that proposed range.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The comparison is hypothetical.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">FTX no longer owns the shares, and the IPO price has not yet been finalized.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FTX originally invested $500 million in Anthropic<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">FTX and Alameda Research invested $500 million in Anthropic in 2021.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the time, the AI company was still in an earlier stage of development.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The investment initially gave the FTX group a 13.56% ownership stake.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That position was later diluted by additional Anthropic funding rounds.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By early 2024, FTX\u2019s stake had fallen to approximately 7.84%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Anthropic stake became part of the bankruptcy estate<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">FTX collapsed in November 2022.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After the bankruptcy, its Anthropic investment became one of the major assets controlled by the bankruptcy estate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Administrators began evaluating how to convert assets into cash for customer and creditor distributions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Anthropic stake was particularly valuable because the AI company had continued raising capital at increasingly high valuations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bankruptcy court approved the sale in 2024<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In February 2024, U.S. Bankruptcy Judge John Dorsey approved FTX\u2019s plan to sell its Anthropic shares.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some customers had objected to the transaction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They argued that the money used for the original investment had come from customer deposits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite those objections, the estate moved forward with the sale as part of its broader recovery strategy.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FTX sold the Anthropic stake in two batches<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The bankruptcy estate did not sell the entire investment in a single transaction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The first sale involved approximately 29.47 million Anthropic shares.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Those shares were sold for roughly $884.1 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The transaction closed in April 2024.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A second sale followed in June.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That deal covered about 15 million additional shares and generated approximately $452 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Together, the two sales brought the estate nearly $1.34 billion.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FTX made a large profit on the original investment<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">FTX had originally invested $500 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The bankruptcy estate later sold the position for roughly $1.34 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That means the investment generated about $836 million more than the original cost before associated expenses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the time, the sale represented a substantial recovery for the bankruptcy estate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, Anthropic\u2019s valuation has increased dramatically since then.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Anthropic IPO puts the former stake in a different light<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Anthropic\u2019s November 10 SEC filing proposes an IPO price between $70 and $78 per share.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company plans to list on the Nasdaq Global Select Market under the ticker ANT.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Anthropic completed a 10-for-1 stock split on September 17, 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That split increases the number of shares represented by earlier investments while proportionally reducing the value per share.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After adjusting for the split, FTX\u2019s previously sold position would correspond to approximately 445.4 million Anthropic shares.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Former FTX stake could be worth $31.2B to $34.7B<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">At $70 per share, the hypothetical value of the former position would be approximately $31.18 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the top of the proposed range, $78 per share, the value would rise to roughly $34.74 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That upper estimate is almost 26 times the amount FTX received when it sold the shares in 2024.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The comparison highlights how dramatically Anthropic\u2019s valuation has risen in less than two years.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The $34.7 billion figure is not money available to creditors<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">It is important to distinguish hypothetical value from actual bankruptcy recoveries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">FTX no longer owns the Anthropic shares.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The bankruptcy estate sold the entire position in 2024.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That means creditors are not entitled to the current market value of those shares simply because Anthropic is preparing for an IPO at a much higher valuation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The estate received the sale proceeds at the time of disposal.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">IPO pricing has not been finalized<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Anthropic\u2019s proposed price range can still change.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company has not yet completed the offering.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Final pricing will depend on investor demand, market conditions and decisions made before the listing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The post-IPO market price could also move significantly above or below the offering price.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Therefore, the $31 billion to $34.7 billion range should be viewed only as an estimate based on the current filing.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Anthropic could be valued above $1 trillion<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The proposed IPO range implies an enormous valuation for the AI company.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At $70 to $78 per share, Anthropic could be valued at approximately $1.26 trillion to $1.41 trillion on a fully diluted basis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That would place it among the world\u2019s most valuable technology companies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The valuation also explains why FTX\u2019s former stake now looks so valuable in hindsight.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Anthropic plans to sell 825 million Class A shares<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The amended prospectus proposes an offering of 825 million Class A shares.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Approximately 801.35 million of those shares would be newly issued by Anthropic.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Another 23.65 million shares would be sold by existing shareholders.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The offering could therefore raise tens of billions of dollars for the company.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the top of the proposed range, the IPO would represent one of the largest public offerings ever attempted.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Who bought FTX\u2019s Anthropic shares?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The bankruptcy estate sold the position to a range of institutional and private investors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The largest buyer in the first transaction was ATIC Third International Investment Company, associated with Abu Dhabi\u2019s Mubadala.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It purchased approximately 16.66 million shares for nearly $500 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Other buyers included:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Jane Street Global Trading<\/li>\n\n\n\n<li>Fidelity-managed funds<\/li>\n\n\n\n<li>HOF Capital<\/li>\n\n\n\n<li>G Squared<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Those investors now stand to benefit from Anthropic\u2019s sharply higher valuation if the IPO proceeds near the proposed range.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Mubadala-linked investment could now be worth billions more<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The roughly $500 million block acquired by the Mubadala-linked investor could now be worth approximately $11.7 billion to $13 billion after accounting for the stock split and proposed IPO pricing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That represents an extraordinary increase in paper value.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, the final realized return will depend on several factors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Those include the final IPO price, post-listing performance and any restrictions on when the investor can sell.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">G Squared also bought a significant position<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">G Squared purchased approximately 4.5 million shares from the FTX estate for $135 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Like the other buyers, its position would have expanded proportionally through Anthropic\u2019s stock split.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the proposed IPO valuation, the investment would be worth many times the original purchase price.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The exact value will depend on the final listing terms.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FTX sold at around $30 per share<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The 2024 bankruptcy sales were conducted at roughly $30 per share before adjusting for Anthropic\u2019s later stock split.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the time, that price reflected the private-market valuation available to the estate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Selling provided certainty and liquidity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Holding the shares would have exposed the estate to both additional upside and significant risk.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why the bankruptcy estate sold instead of holding<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Bankruptcy estates generally prioritize recovering and distributing assets rather than making long-term speculative investments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Anthropic was still a private company in 2024.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There was no guarantee it would eventually reach a trillion-dollar valuation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Its shares were also illiquid compared with publicly traded securities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Selling the position gave the FTX estate cash that could be used in its creditor repayment process.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Hindsight makes the sale look expensive<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Looking back from the proposed IPO valuation, the sale appears costly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A $1.34 billion position could now theoretically be worth more than $30 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But that comparison benefits from information that was not available at the time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Anthropic still faced significant business, financing and competitive risk in 2024.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A bankruptcy administrator also has different responsibilities from a venture capital investor willing to hold an asset for many years.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Anthropic\u2019s valuation has surged rapidly<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Anthropic\u2019s rise reflects the extraordinary amount of capital flowing into artificial intelligence companies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company\u2019s May 2026 funding round valued it at approximately $965 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The proposed IPO valuation of as much as $1.41 trillion would represent another major increase.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That rapid appreciation has transformed the value of early Anthropic investments.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">AI boom created enormous gains for early investors<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Companies developing large artificial intelligence models have attracted huge amounts of capital.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors have been willing to assign extremely high valuations to businesses seen as potential leaders in AI infrastructure and software.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Anthropic has emerged as one of the most prominent companies in that group.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The result is that relatively early investments have appreciated dramatically.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Anthropic also plans a $26 billion private placement<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The IPO is not the only major financing transaction under consideration.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Anthropic also plans a $26 billion private placement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The participants include several major technology companies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Among them are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Google<\/li>\n\n\n\n<li>Microsoft<\/li>\n\n\n\n<li>Nvidia<\/li>\n\n\n\n<li>AMD<\/li>\n\n\n\n<li>Broadcom<\/li>\n\n\n\n<li>Micron<\/li>\n\n\n\n<li>TSMC Partners<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The private placement is expected to close after the IPO, subject to the conditions described in Anthropic\u2019s filing.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Big Tech participation reinforces the scale of the deal<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The presence of major technology companies underscores the strategic importance investors are placing on Anthropic.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">AI models require enormous amounts of computing infrastructure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Chipmakers, cloud providers and software companies all have reasons to deepen their exposure to leading AI developers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The private placement therefore reflects both financial and strategic interest.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Anthropic IPO has attracted crypto market attention<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The offering is also drawing attention from crypto investors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitget recently introduced Anthropic-linked subscriptions through its IPO Prime platform.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Those products provide users with indirect pre-IPO exposure rather than direct ownership of public Anthropic shares.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Participation fees and product structures differ from conventional brokerage access.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The interest shows how major AI listings are increasingly overlapping with crypto investment markets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FTX\u2019s Anthropic story is one of bankruptcy\u2019s biggest \u201cwhat ifs\u201d<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">FTX\u2019s investment has become one of the more striking hypothetical outcomes from the bankruptcy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The estate successfully turned a $500 million investment into roughly $1.34 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That was already a strong financial result.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yet the same position could now be valued above $30 billion based on Anthropic\u2019s proposed IPO price.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The difference creates an unavoidable question about what creditors might have received if the estate had held the shares longer.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Creditors did not have a guaranteed claim to future upside<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">That hypothetical needs to be treated carefully.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Creditors were entitled to recover value from the bankruptcy estate under the approved restructuring process.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They did not have a guaranteed right to benefit from every future increase in the value of assets the estate had already sold.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Once the shares were converted into cash, the estate no longer participated in Anthropic\u2019s future upside.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Holding the shares would also have added risk<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Had the bankruptcy estate kept the Anthropic position, the outcome could have been very different.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The IPO might have been delayed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Anthropic\u2019s valuation could have fallen.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Regulatory conditions could have changed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company could also have faced competition or financing problems.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Holding would therefore have exposed creditor recoveries to additional uncertainty.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Liquidity matters in bankruptcy<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">One of the main objectives in a bankruptcy is turning uncertain assets into liquid funds that can be distributed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Private-company shares can be difficult to value and sell.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">An approved $1.34 billion transaction gave the estate a known amount of cash.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That certainty can be especially important when administrators are trying to establish repayment schedules.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The IPO could create enormous gains for the buyers<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If Anthropic lists within the proposed range, the institutional investors that acquired FTX\u2019s former stake could be sitting on substantial unrealized gains.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some positions could have multiplied more than 20-fold on paper.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, paper gains are not the same as realized profits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors may face lockups, selling restrictions and market-price volatility after the IPO.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Anthropic\u2019s first trading price could differ sharply<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The IPO price only determines the initial sale price.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Once the stock begins trading publicly, supply and demand will determine the market price.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If demand is extremely strong, shares could trade above the offering price.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If investors question the valuation, the stock could fall below it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That uncertainty means the final value of FTX\u2019s former position cannot yet be known.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What happens next<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The next major step is for Anthropic\u2019s registration statement to become effective.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company will then finalize pricing and move toward public trading.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Anthropic has applied for a Nasdaq listing under the ticker ANT.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors will be watching the final IPO price closely because it will determine the opening valuation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Final thoughts<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">FTX\u2019s former Anthropic investment has become one of the most dramatic missed-upside stories associated with the crypto exchange\u2019s bankruptcy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company and Alameda Research originally invested $500 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The bankruptcy estate sold the full position for approximately $1.34 billion in 2024.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Based on Anthropic\u2019s current proposed IPO price, those same shares could now be worth approximately $31.2 billion to $34.7 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That does not mean FTX creditors lost a guaranteed $30 billion payout.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The shares had already been sold, and Anthropic\u2019s current valuation was far from certain when the bankruptcy estate made that decision.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Still, the scale of the difference illustrates just how rapidly AI company valuations have increased and how valuable the Anthropic investment ultimately became for the institutions that bought it from FTX.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FTX\u2019s former investment in artificial intelligence company Anthropic could be worth more than $30 billion at the company\u2019s proposed IPO price, nearly two years after the bankrupt crypto exchange sold the entire position for about $1.34 billion. Anthropic\u2019s latest SEC filing sets an expected IPO price range of $70 to $78 per share. After adjusting&#8230;<\/p>\n","protected":false},"author":3,"featured_media":17506,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[2090,65,617],"class_list":["post-17505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-finance","tag-anthropic","tag-crypto","tag-ftx"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FTX\u2019s Former Anthropic Stake Could Now Be Worth More Than $30 Billion - Crypto News<\/title>\n<meta name=\"description\" content=\"FTX sold its Anthropic stake for about $1.34 billion in 2024. At Anthropic\u2019s proposed IPO price, the same shares could now be worth roughly $31 billion to $35 billion.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonewsdesk.com\/index.php\/2026\/11\/11\/ftxs-former-anthropic-stake-could-now-be-worth-more-than-30-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FTX\u2019s Former Anthropic Stake Could Now Be Worth More Than $30 Billion - Crypto News\" \/>\n<meta property=\"og:description\" content=\"FTX sold its Anthropic stake for about $1.34 billion in 2024. 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