Breaking: Elon Musk’s SpaceX & Boring Company Show Up As Alameda’s Top Investments
FTX’s former CEO, Sam Bankman-Fried may have become synonymous with the FTX exchange collapse, but it’s much more than that. Alameda Research, the trading firm of the FTX empire plays a much more crucial role in the whole FTX drama.
Alameda’s Private Portfolio
According to recent reports, data has been gathered that shows where all the missing funds went; a question that SBF has repeatedly dodged in his interviews to answer.
Ten holding corporations hold the dispersed collection of roughly 500 illiquid investments. According to the data, the overall investment value is greater than $5.4 billion.
The private equity portfolio of Alameda Research made sizeable investments into crypto miner Genesis and the artificial intelligence research group Anthropic. Apart from these, investments into Elon Musk’s SpaceX & Boring Company have also come up along with the likes of Sequoia Capital & Anthony Scaramucci’s SkyBridge Capital.
Alameda’s Crypto Bets
The majority of Alameda’s unspent capital has been put into crypto and other DeFi initiatives like TrueFi, Magic Eden, Burnt Finance, Parallel Finance, Solfarm, Sundaeswap, Sahicoin and others.
Other non-linear crypto investments include Chingari, Dune Analytics, Messari, DaoSquare and others.
Some Non-Crypto Bets
However, the list also contains a significant number of upcoming video game studios and betting platforms, online banks, publishing companies, a fertility clinic, a military drone manufacturing company and a business that specializes in vertical farming.