A lot has been revealed about the Alameda Research and FTX disasters in the past few weeks. The Financial Times (FT), Dec. 6, published documents that show Alameda’s investment portfolio. It claims the company spent over $5 billion on hundreds investments. Some funds were used for odd investments, such as Ivy Natal, a fertility company, and Brinc Drones, a drone manufacturer.

Alameda Invested in Close to 500 Firms and Projects

In the past two years, FTX 720 spent billions of dollars on investments, sponsorships and deals. At the end of January 2022, FTX looked colossal after it raised $400 million from investors like Softbank Vision Fund 2, Tiger Global, Temasek, Paradigm, and the Ontario Teachers’ Pension Plan Board.

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’s “global reach.” After the revelations concerning Alameda’s balance sheet during the first week of November, FTX and SBF’s quantitative trading firm imploded.

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

In addition to FT, The Block’s VP of research, Larry Cermak, exported the entire list of Alameda-based investments into an excel sheet. Cermak also noted that Alameda has made the largest investments in Genesis Digital Assets and Anthropic Digital Assets DA AG. K5 and IEX.

If the data is correct, the documentation shows Alameda spent a lot of money in blockchain projects, foundations, tokens and non-fungible token projects (NFT). These include Hole Tokens and Near, 1inch, Lido. Xterio. Aptos. Polygon for instance received $50,000,000 from Maclaurin Investments Ltd., otherwise known as Alameda Ventures.

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 has invested in well-known funds such as the Multicoin Venture Fund II or the Skybridge Capital II.

Money was sent to Chinese news companies like Blockbeats and O’daily News. The company invested in Paxos and Starkware, Circles, Fanatics (AxieInfinity), Paxos, Paxos, Paxos, Starkware, Circles, Starkware and Starkware. 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.

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’s portfolio as a “disparate bundle of nearly 500 illiquid investments split across 10 holding companies.” The FT author further notes that “FT makes no claim as to the data’s accuracy or completeness” as far as the documentation of Alameda’s investments are concerned.

What do you think about all the alleged investments Alameda made? Please comment below to let us know your thoughts on this topic.

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