According to The Information, three informed sources have revealed that potential buyers have submitted preliminary and non-binding bids for Anthropic, a company owned by the bankrupt cryptocurrency exchange FTX. One of the sources has stated that the final bidding is expected to be completed before the end of this weekend.
Since its bankruptcy at the end of 2022, the cryptocurrency exchange has been working to liquidate its remaining assets, with the proceeds ultimately being used to repay its creditors. Recently, the bankruptcy court approved FTX’s sale of a 7.8% stake in the artificial intelligence startup Anthropic, which was valued at over $15 billion in its recent funding round.
The sources have disclosed that Perella Weinberg Partners, the investment bank responsible for the sale of FTX shares, has requested bidders to submit quotes of no less than $30 per share, which is the price from the latest funding round.
According to these sources, venture capital firms and family office wealth managers are among the potential bidders. It is currently unclear whether other types of companies, such as hedge funds or mutual funds, are also participating in the bidding.
