[Wu Blockchain News] Anthropic Stake Divested Early by FTX Now Worth Over $30 Billion

Anthropic’s latest prospectus outlines an IPO of 825 million Class A shares at $70–$78 each, implying a $1.2 trillion–$1.4 trillion valuation. FTX and affiliates invested roughly $500 million in 2021–2022 for an initial ~8% stake that would now be worth about $31.2 billion–$34.7 billion at the IPO range. During its 2024 bankruptcy restructuring, however, FTX trustees fully liquidated the stake in batches at around $30 per share, recovering only about $1.34 billion. With FTX owing creditors roughly $11.2 billion at collapse, holding the shares would have covered the debt nearly three times over. The gap highlights the cost of forced liquidation in bankruptcy and puts Anthropic’s final IPO pricing in focus as the key variable for what the estate ultimately left on the table.