If FTX had held its Anthropic stake after its 2022 collapse, it'd be worth about $75B on paper. Instead, it sold for $1.3B. Who got the upside?

Like a phoenix reborn, the fallout from founder Sam Bankman-Fried’s fraud case is a boon for some.
FinanceFeeds

Former FTX Europe CEO Patrick Gruhn Plans US Tokenized Securities Platform

Ex-FTX Europe CEO Patrick Gruhn's Perpetuals.com ($65.2M assets, $17.6M net loss) plans an SEC Innovation Exemption venue for ...

FTX could've had $75B if it kept its Anthropic stake. Instead, it sold for $1.3B. Who got the upside?

FTX died by fraud — founder Sam Bankman-Fried is serving 25 years — and something rose from its ashes all the same. It just (unfortunately) doesn't belong to the people who got burned. The exchange ...

FTX and Evergrande have also collapsed. Leverage is a 'double-edged sword'

Globally famous, major cryptocurrency exchanges and real estate companies are collapsing.In November 2022, the world's second ...
CoinDesk

Former FTX Europe chief targets U.S. tokenized stock trading with new SEC exemption

Nasdaq-listed Perpetuals.com plans to offer tokenized U.S. stocks under the SEC's new innovation exemption, following an earlier proposal from an OKX–ICE joint venture. CEO Patrick Gruhn co-founded ...
TipRanks

Netflix Stock Dips after Solana Co-Founder Calls Netflix’s FTX Series ‘Worse’ Than He Thought

Netflix’s ($NFLX) new drama about the collapse of crypto exchange FTX has drawn a firm response from Solana co-founder Anatoly Yakovenko. After watching the first ...

Sponsorship paid in 'stock' rather than cash. A new form of sponsorship: 'becoming a shareholder,' as seen in the contract between the University of California and AI co…

Who this article is for and what you will understand after reading itHello. I share information about American college sports ...
Altcoin Buzz

Perpetuals Files for SEC Tokenized Stock Venue, Second After OKXICE

Perpetuals.com, run by former FTX Europe head Patrick Gruhn, is the second venue to use the SEC's five-year exemption for ...
24/7 Wall St

Crypto News: FTX Is Releasing $2.2 Billion to Creditors — Here’s What It Could Mean for Bitcoin and XRP

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. This image visualizes active financial management and ...