The Financial Times published an Excel spreadsheet obtained from unnamed sources at Alameda Research detailing a portion of the company’s investment directions as of early November.
As follows from the table, a significant part of the funds was invested in Web3 projects and cryptocurrency startups. Alameda’s largest investment pool is in Genesis Digital Assets, which received $1.15 billion. The company’s second largest investment was in Anthropic, an artificial intelligence research group, with over $500 million.
However, even more money was directed to support dubious companies that are not related to the digital asset market – video game studios, betting platforms, online banks and publishing houses. In addition, Alameda Research has invested $1.5 million in a fertility clinic and another $25 million in a strawberry company called 80 Acres Farms.
Approximately $500,000 was invested in a company developing a weight loss drug called Equator Therapeutics. Also, a 5% stake in chemical company Fern Labs Inc, which sells lotions, was bought out for $1 million. FT journalists noted that some entries in the table do not have a clear connection with any active business.
Earlier, Arkham Intelligence analysts reported that prior to filing for bankruptcy, Alameda Research withdrew cryptocurrency from eight FTX wallets for a total of $200 million.
Source: Bits
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