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Summary
FTX cryptocurrency exchange is selling its $1 billion stake in Anthropic and evaluating potential investors, with Saudi Arabia excluded from the race due to national security concerns.
Introduction
The now-defunct cryptocurrency exchange FTX is planning to sell its stake in Anthropic, a move that is being closely watched in the financial world as potential investors are being evaluated.
Main Points
Shares are being sold via an SPV, with Saudi Arabia excluded from the race due to national security concerns. The value of Anthropic shares has doubled since FTX’s purchase, now valued at $1 billion.
Conclusion
FTX’s decision to sell its stake in Anthropic has attracted attention, especially with Saudi Arabia being excluded and the increasing value of the shares. This move comes as FTX navigates bankruptcy proceedings and seeks to finalize the sale in the upcoming weeks.
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