Drones, Fertility, and Defi — A Look at Alameda Research’s Massive $5.4 Billion Portfolio of Investments

Over the past fewer weeks, there’s been a batch of accusation revealed surrounding the caller FTX and Alameda Research disaster. On Dec. 6, the Financial Times (FT) published documentation that shows Alameda’s concern portfolio, which alleges the institution spent much than $5 cardinal connected hundreds of investments. Some of the funds went to unusual investments similar a fertility institution called Ivy Natal and a drone shaper called Brinc Drones.

Alameda Invested successful Close to 500 Firms and Projects

During the past 2 years, FTX and Alameda Research spent billions connected deals, sponsorships, and investments. At the extremity of January 2022, FTX looked colossal aft it raised $400 million from investors similar Softbank Vision Fund 2, Tiger Global, Temasek, Paradigm, and the Ontario Teachers’ Pension Plan Board.

After the Series C raise, FTX was valued astatine $32 cardinal and the erstwhile FTX CEO Sam Bankman-Fried (SBF) said FTX aimed to grow the firm’s “global reach.” After the revelations concerning Alameda’s equilibrium expanse during the archetypal week of November, FTX and SBF’s quantitative trading steadfast imploded.

Since then, FTX’s genitor steadfast West Realm Shires Services, Alameda Research, and astir 130 further affiliated companies filed for Chapter 11 bankruptcy protection. This week connected Dec. 6, 2022, FT released documentation tied to Alameda Research’s investments, which were adjacent to 500 investments that added up to astir $5.4 billion.

Genesis Digital Assets and Anthropic received the astir backing from Alameda Research.

In summation to FT, The Block’s VP of research, Larry Cermak, exported the full database of Alameda-based investments into an excel sheet. Cermak further noted that Alameda’s largest investments see Genesis Digital Assets, Anthropic, Digital Assets DA AG, K5, and IEX.

If the information is accurate, the documentation shows that Alameda invested a batch of wealth into blockchain projects and foundations, tokens, and non-fungible token (NFT) projects arsenic well. This includes Hole Tokens, Polygon, Near, 1inch, Lido, Xterio, Aptos, and Yuga Labs. Polygon for lawsuit received $50,000,000 from Maclaurin Investments Ltd., different known arsenic Alameda Ventures.

Near gathered $50 cardinal from FTX Ventures Ltd., and Maclaurin gave Near $30,000,000. FTX Ventures gave Yuga Labs astir $50 cardinal and Aptos scored $74.9 cardinal from Clifton Bay Investments, besides known arsenic Alameda Research Ventures. Alameda invested successful good known funds similar the Multicoin Venture Fund II and the Skybridge Capital II fund.

Alameda Research laminitis and erstwhile FTX CEO Sam Bankman-Fried (pictured left) and Alameda Research CEO Caroline Ellison (pictured right).

Money went to Chinese quality companies specified arsenic Blockbeats, and O’daily News. The institution invested successful Paxos, Messari, Starkware, Circle, Fanatics, Magic Eden, and Sky Mavis (Axie Infinity). An Ohio-based nutrient and vertical farming steadfast called 80 Acres got $25 cardinal and $11.5 cardinal was funneled to a steadfast called Geniome.

A whopping $500 cardinal went to the artificial quality (AI) probe steadfast Anthropic and $1.5 cardinal went to a fertility task called Ivy Natal. FT described Alameda’s portfolio arsenic a “disparate bundle of astir 500 illiquid investments divided crossed 10 holding companies.” The FT writer further notes that “FT makes nary assertion arsenic to the data’s accuracy oregon completeness” arsenic acold arsenic the documentation of Alameda’s investments are concerned.

What bash you deliberation astir each the alleged investments Alameda made? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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