Financial Times: SBF's Alameda venture capital has a total investment value of over 5.4 billion dollars

2022-12-07 01:17:30

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ChainCatcher news, according to an article published by the Financial Times in the UK, SBF not only operates a cryptocurrency trading platform that "does not trade cryptocurrencies" and a hedge fund that "does not hedge," but he also owns a venture capital fund. According to documents, this venture capital fund's nearly 500 illiquid investments are divided into 10 holding companies, with a total investment value exceeding $5.4 billion. The portfolio includes shares in Sequoia Capital and SkyBridge Capital, as well as stakes in SpaceX and Boring Company projects obtained through investments in K5.

In the remaining investments of Alameda, crypto and DeFi projects account for the majority, along with many startup video game studios and gambling platforms, online banks, publishers, a fertility clinic, a military drone manufacturer, and a vertical farming company. SBF admitted in an interview with the Financial Times that he was involved in Alameda's venture capital activities but has so far avoided questions regarding the misuse of FTX customer funds. (source link)

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Alameda SBF SkyBridge Sequoia Capital

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