Overview

• FTX estate files to sell most of its stake in Anthropic for $884 million, with top buyers including ATIC Third International Investment Company, Jane Street, and Fidelity-linked funds.
• ATIC, linked to Abu Dhabi's government, to purchase 16 million shares for nearly $500 million, marking the largest share acquisition.
• Sale part of bankruptcy proceedings, aimed at reimbursing clients who lost money after the crypto exchange's collapse.
• FTX's stake in Anthropic, initially purchased for $500 million in 2021, has increased in value due to the AI company's growth.
• Objections to the sales must be filed by April 1, according to court documents filed on March 22.