The Financial Times Reveals FTX's Full $5.4 Billion Venture Portfolio
Taken from an Excel spreadsheet dated early November, when SBF was seeking rescue funding amid a run on FTX customer deposits. The disparate bundle of nearly 500 illiquid investments is split across 10 holding companies.
- Taken from an Excel spreadsheet dated early November, when SBF was seeking rescue funding amid a run on FTX customer deposits.
- According to a person familiar with the rescue effort, the document shows an Alameda Research private equity portfolio — with some FTX bets mixed in — that was being offered as collateral in an attempt to secure a new credit line for the stricken group.
- The disparate bundle of nearly 500 illiquid investments is split across 10 holding companies. The total investment value is given on the spreadsheet as in excess of $5.4bn.