{"id":15273,"date":"2022-12-08T15:35:52","date_gmt":"2022-12-08T15:35:52","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/drones-fertility-and-defi-a-look-at-alameda-researchs-massive-5-4-billion-portfolio-of-investments-bitcoin-news\/"},"modified":"2022-12-08T15:35:52","modified_gmt":"2022-12-08T15:35:52","slug":"drones-fertility-and-defi-a-look-at-alameda-researchs-massive-5-4-billion-portfolio-of-investments-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/drones-fertility-and-defi-a-look-at-alameda-researchs-massive-5-4-billion-portfolio-of-investments-bitcoin-news\/","title":{"rendered":"Drones, Fertility, and Defi \u2014 A Look at Alameda Research’s Massive $5.4 Billion Portfolio of Investments \u2013 Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
\n<\/p>\n

\n
\n<\/header>\n
\n<\/div>\n

Over the last few weeks, there\u2019s been a lot of information revealed surrounding the recent FTX and Alameda Research disaster. On Dec. 6, the Financial Times (FT) published documentation that shows Alameda\u2019s investment portfolio, which alleges the company spent more than $5 billion on hundreds of investments. Some of the funds went to odd investments like a fertility company called Ivy Natal and a drone manufacturer called Brinc Drones.<\/strong><\/p>\n

Alameda Invested in Close to 500 Firms and Projects<\/h2>\n

During the last two years, FTX and Alameda Research spent billions on deals, sponsorships, and investments. At the end of January 2022, FTX looked colossal after it raised $400 million<\/a> from investors like Softbank Vision Fund 2, Tiger Global, Temasek, Paradigm, and the Ontario Teachers\u2019 Pension Plan Board<\/a>.<\/p>\n

After the Series C raise, FTX was valued at $32 billion and the former FTX CEO Sam Bankman-Fried (SBF) said FTX aimed to expand the firm\u2019s \u201cglobal reach.\u201d After the revelations concerning Alameda\u2019s balance sheet during the first week of November, FTX and SBF\u2019s quantitative trading firm imploded<\/a>.<\/p>\n

Since then, FTX\u2019s parent firm West Realm Shires Services, Alameda Research, and approximately 130 additional affiliated companies filed<\/a> for Chapter 11 bankruptcy protection. This week on Dec. 6, 2022, FT released documentation<\/a> tied to Alameda Research\u2019s investments, which were close to 500 investments that added up to roughly $5.4 billion.<\/p>\n

\"Drones,
Genesis Digital Assets and Anthropic received the most funding from Alameda Research.<\/figcaption><\/figure>\n

In addition to FT, The Block\u2019s VP of research, Larry Cermak, exported<\/a> the entire list of Alameda-based investments into an excel sheet<\/a>. Cermak further noted that Alameda\u2019s largest investments include Genesis Digital Assets, Anthropic, Digital Assets DA AG, K5, and IEX.<\/p>\n

If the data is accurate, the documentation shows that Alameda invested a lot of money into blockchain projects and foundations, tokens, and non-fungible token (NFT) projects as well. This includes Hole Tokens, Polygon, Near, 1inch, Lido, Xterio, Aptos, and Yuga Labs. Polygon for instance received $50,000,000 from Maclaurin Investments Ltd., otherwise known as Alameda Ventures.<\/p>\n

Near gathered $50 million from FTX Ventures Ltd., and Maclaurin gave Near $30,000,000. FTX Ventures gave Yuga Labs roughly $50 million and Aptos scored $74.9 million from Clifton Bay Investments, also known as Alameda Research Ventures. Alameda invested in well known funds like the Multicoin Venture Fund II and the Skybridge Capital II fund.<\/p>\n

\"Drones,
Alameda Research founder and former FTX CEO Sam Bankman-Fried (pictured left) and Alameda Research CEO Caroline Ellison (pictured right).<\/figcaption><\/figure>\n

Money went to Chinese news companies such as Blockbeats, and O\u2019daily News. The company invested in Paxos, Messari, Starkware, Circle, Fanatics, Magic Eden, and Sky Mavis (Axie Infinity). An Ohio-based produce and vertical farming firm called 80 Acres got $25 million and $11.5 million was funneled to a firm called Geniome.<\/p>\n

A whopping $500 million went to the artificial intelligence (AI) research firm Anthropic and $1.5 million went to a fertility venture called Ivy Natal. FT described Alameda\u2019s portfolio as a \u201cdisparate bundle of nearly 500 illiquid investments split across 10 holding companies.\u201d The FT author further notes that \u201cFT makes no claim as to the data\u2019s accuracy or completeness\u201d as far as the documentation of Alameda\u2019s investments are concerned.<\/p>\n

\n
\nTags in this story
\n<\/h6>\n
500 illiquid investments<\/a>, Alameda Research<\/a>, Alameda Research CEO<\/a>, aptos<\/a>, Caroline Ellison<\/a>, Circle<\/a>, Fanatics<\/a>, ftx<\/a>, FTX companies<\/a>, Geniome<\/a>, Holding Companies<\/a>, Lead up<\/a>, Magic Eden<\/a>, messari<\/a>, Multicoin Venture<\/a>, NEAR<\/a>, O’daily News<\/a>, Paxos<\/a>, Polygon<\/a>, Sam Bankman-Fried<\/a>, sbf<\/a>, Skybridge Capital<\/a>, starkware<\/a>, Yuga Labs<\/a><\/div>\n<\/div>\n

What do you think about all the alleged investments Alameda made? Let us know what you think about this subject in the comments section below. <\/strong><\/em><\/p>\n

\n
\n<\/div>\n
\n
\nJamie Redman <\/h6>\n

\nJamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

\n
\n
\n<\/a>
\n<\/span>\n<\/p>\n<\/div>\n<\/div>\n

Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

\n

Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com<\/a> does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<\/div>\n

\n