What Does Alameda Research Have in Its Portfolio?

What Does Alameda Research Have in Its Portfolio?
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What Does Alameda Research Have in Its Portfolio? Over the past few weeks, a lot of information has come to light about the recent disaster at FTX and Alameda Research. Dec. In Jan. 6, the Financial Times (FT) published a document showing Alameda’s investment documents, which says that the company has spent more than $5 billion in hundreds of investments.

Some of the money went into risky investments like a birthing company called Ivy Natal and a drone manufacturer called Brinc Drones.

Alameda has invested in nearly 500 companies and jobs

Over the past two years, FTX and Alameda Research have spent billions in deals, sponsorships, and investments. At the end of January 2022, FTX is in critical condition after receiving $400 million from investors such as Softbank Vision Fund 2, Tiger Global, Temasek, Paradigm and the Ontario Teachers’ Pension Plan Board. When the series C raised, FTX was valued at $ 32 billion and former FTX CEO Sam Bankman-Fried (SBF) said that FTX wanted to expand the “global reach” of the business. After the revelations about Alameda’s balance sheet in the first week of November, the trading companies of FTX and SBF went down.

Since then, FTX’s parent company, West Realm Shires Services, Alameda Research and about 130 other affiliates have filed for Chapter 11 bankruptcy protection. This week, on December 6, 2022, the FT released a document related to the Alameda research investment, which represented 500 investments totaling approximately $5.4 billion. In addition to the FT, Block’s Research Director, Larry Cermak, exported a comprehensive list of Alameda-based investments into an Excel spreadsheet.

Cermak further stated that Alameda’s major investments include Genesis Digital Assets, Anthropic, Digital Assets DA AG, K5 and IEX. If the data is correct, the document shows that Alameda has also invested heavily in blockchain projects and foundations, tokens, and non-fungible tokens (NFT). This includes Lens, Polygon, Close, 1inch, Lido, Xterio, Aptos, and Yuga Labs. For example, Polygon received $50,000,000 from Maclaurin Investments Ltd., known as Alameda Ventures.

Close raised $50 million from FTX Ventures Ltd., and Maclaurin gave close $30,000,000. FTX Ventures gave Yuga Labs about $50 million and Aptos received $74.9 million from Clifton Bay Investments, also known as Alameda Research Ventures. Alameda has invested in funds known as Multicoin Venture Fund II and Skybridge Capital Fund II. The money went to Chinese news agencies like Blockbeats and O’daily News. The company has invested in Paxos, Messari, Starkware, Circle, Fanatics, Magic Eden and Sky Mavis (Axie Infinity). A vertical farming startup called 80 Acres raised $25 million, and $11.5 million was invested in a company called Geniome.

$500 million went to the Anthropic Research Center for Artificial Intelligence (AI) and $1.5 million went to a birth center called Ivy Natal. The FT described Alameda’s portfolio as “a diverse collection of nearly 500 non-core investments spread across 10 companies.” The FT writer went on to say that “the FT makes no representation as to the accuracy or completeness of the data” regarding Alameda’s investment documents.

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