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Drones, Fertility, and Defi — A Look at Alameda Research’s Massive $5.4 Billion Portfolio of Investments – Bitcoin News

Over the previous couple of weeks, there’s been loads of info revealed surrounding the latest FTX and Alameda Research catastrophe. On Dec. 6, the Financial Times (FT) revealed documentation that reveals Alameda’s funding portfolio, which alleges the company spent greater than $5 billion on a whole lot of investments. Some of the funds went to odd investments like a fertility company referred to as Ivy Natal and a drone producer referred to as Brinc Drones.

Alameda Invested in Close to 500 Firms and Projects

During the final two years, FTX and Alameda Research spent billions on offers, sponsorships, and investments. At the top of January 2022, FTX seemed colossal after it raised $400 million from buyers like Softbank Vision Fund 2, Tiger Global, Temasek, Paradigm, and the Ontario Teachers’ Pension Plan Board.

After the Series C increase, FTX was valued at $32 billion and the previous FTX CEO Sam Bankman-Fried (SBF) mentioned FTX aimed to increase the agency’s “global reach.” After the revelations regarding Alameda’s steadiness sheet throughout the first week of November, FTX and SBF’s quantitative buying and selling agency imploded.

Since then, FTX’s mum or dad agency West Realm Shires Services, Alameda Research, and roughly 130 extra affiliated corporations filed for Chapter 11 chapter safety. This week on Dec. 6, 2022, FT released documentation tied to Alameda Research’s investments, which have been near 500 investments that added as much as roughly $5.4 billion.

Drones, Fertility, and Defi — A Look at Alameda Research's Massive $5.4 Billion Portfolio of Investments
Genesis Digital Assets and Anthropic obtained probably the most funding from Alameda Research.

In addition to FT, The Block’s VP of analysis, Larry Cermak, exported all the listing of Alameda-based investments into an excel sheet. Cermak additional famous that Alameda’s largest investments embrace Genesis Digital Assets, Anthropic, Digital Assets DA AG, K5, and IEX.

If the info is correct, the documentation reveals that Alameda invested loads of money into blockchain tasks and foundations, tokens, and non-fungible token (NFT) tasks as effectively. This consists of Hole Tokens, Polygon, Near, 1inch, Lido, Xterio, Aptos, and Yuga Labs. Polygon as an illustration obtained $50,000,000 from Maclaurin Investments Ltd., in any other case often called Alameda Ventures.

Near gathered $50 million from FTX Ventures Ltd., and Maclaurin gave Near $30,000,000. FTX Ventures gave Yuga Labs roughly $50 million and Aptos scored $74.9 million from Clifton Bay Investments, also referred to as Alameda Research Ventures. Alameda invested in well-known funds just like the Multicoin Venture Fund II and the Skybridge Capital II fund.

Drones, Fertility, and Defi — A Look at Alameda Research's Massive $5.4 Billion Portfolio of Investments
Alameda Research founder and former FTX CEO Sam Bankman-Fried (pictured left) and Alameda Research CEO Caroline Ellison (pictured proper).

Money went to Chinese information corporations resembling Blockbeats, and O’each day News. The company invested in Paxos, Messari, Starkware, Circle, Fanatics, Magic Eden, and Sky Mavis (Axie Infinity). An Ohio-based produce and vertical farming agency referred to as 80 Acres received $25 million and $11.5 million was funneled to a agency referred to as Geniome.

A whopping $500 million went to the bogus intelligence (AI) analysis agency Anthropic and $1.5 million went to a fertility enterprise referred to as Ivy Natal. FT described Alameda’s portfolio as a “disparate bundle of nearly 500 illiquid investments split across 10 holding companies.” The FT creator additional notes that “FT makes no claim as to the data’s accuracy or completeness” so far as the documentation of Alameda’s investments are involved.

Tags on this story
500 illiquid investments, Alameda Research, Alameda Research CEO, aptos, Caroline Ellison, Circle, Fanatics, ftx, FTX corporations, Geniome, Holding Companies, Lead up, Magic Eden, messari, Multicoin Venture, NEAR, O’daily News, Paxos, Polygon, Sam Bankman-Fried, sbf, Skybridge Capital, starkware, Yuga Labs

What do you consider all of the alleged investments Alameda made? Let us know what you consider this topic within the feedback part under.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist residing in Florida. Redman has been an energetic member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 6,000 articles for Bitcoin.com News in regards to the disruptive protocols rising right now.




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