Monday, June 24, 2024

Alameda’s capital portfolio reveals highest token investments in Polygon, Gap, and Port Finance

by Jeremy

The capital portfolio of the fallen quantitative cryptocurrency buying and selling agency Alameda Capital was just lately launched by Monetary Occasions, revealing some fascinating investments.

Based on the spreadsheet, there are practically 500 illiquid investments unfold throughout ten holding firms within the portfolio of FTX/Alameda value $5.4 billion. 

alameda spreadsheet
Supply: Monetary Occasions

Two of probably the most vital investments have been cryptocurrency mining agency Genesis Digital’s $1.15 billion funding and Open AI based Anthropic’s $500 million funding. Crypto influencer Wu Blockchain thinks the investments have been “ridiculous. “

Investments in Sequoia and Skybridge

A  $200 million funding in Sequoia, the enterprise capital agency that wrote down its FTX stake to zero earlier, can also be included among the many fallen buying and selling agency’s holdings.

Additional, the Alameda doc lists an funding of $45 million in Anthony Scaramucci’s SkyBridge Capital. Per the spreadsheet, FTX transferred 30% of its stake in SkyBridge to Alameda to guard traders’ property. Later, its founder Anthony Scaramucci revealed that SkyBridge had misplaced cash on its holdings of FTX’s FTT tokens.

Moreover, the portfolio revealed the most important token investments within the type of HOLE – $67.5 million, Polygon – $50 million, NEAR (FTX) – $50 million, Port Finance – $33.5 million, and NEAR (Alameda) – $30 million.

Final month, FTX introduced submitting for Chapter 11 chapter together with its sister entity Alameda Analysis and roughly 130 different firms associated to FTX.

Nevertheless, an evaluation by Arkham Intelligence on Nov. 25 revealed that Alameda Analysis withdrew over $200 million from FTX.US earlier than the corporate declared chapter. As well as, Arkham disclosed in a Twitter thread that Alameda Analysis, FTX’s sister firm, had collected $204 million from FTX US within the remaining days earlier than the collapse of assorted crypto property.

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