FTX plans to sell its 8% stake in Anthropic, valued at approximately $1.4 billion

ChainCatcher news, according to The Block, FTX has submitted a motion seeking to sell the Series B preferred shares owned by its sister company Alameda Research, including the rights or interests therein, valued at approximately $1.4 billion.

FTX's former CEO SBF invested $500 million in Anthropic in October 2021. FTX also submitted a separate motion requesting the court to shorten the review period for the sale motion so that it can be heard at the next bankruptcy court hearing on February 22. The deadline for objections to the motion is February 15.