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FTX Eyes Fast Sale of Its $1.4 Billion Anthropic Stake

source-logo  coingape.com 04 February 2024 15:40, UTC

The bankrupt cryptocurrency exchange FTX is making swift strides to liquidate its valuable assets, notably its approximately 8% stake in the AI company Anthropic. This sale, potentially worth over a billion dollars, is part of FTX’s broader strategy to address its bankruptcy situation, offering hope for creditors caught in the exchange’s financial turmoil.

coingape.com