FTX Disclosed $7B Asset Details, and Venture Investments, Properties, and Securities

FTX Disclosed $7B Asset Details, and Venture Investments, Properties, and Securities

Reported Cryptoslate, FTX disclosed a comprehensive summary of its assets in a recent court submission, showing approximately $7 billion worth of assets, encompassing cash holdings, cryptocurrency, brokerage, reclaimed government assets, and various recovery endeavors. You can find the whole presentation material detailing the assets in the following link. (https://restructuring.ra.kroll.com/FTX/Home-DownloadPDF?id1=MjUxODI3OA==&id2=-1)

The company currently possesses a diverse portfolio of digital assets valued at $3.4 billion, with its top 10 holdings accounting for roughly 72% of this valuation.

This portfolio includes $1.16 billion in Solana (SOL), $560 million in Bitcoin (BTC), $192 million in Ethereum (ETH), and $119 million in XRP.

The court filing further showed that FTX had 438 venture investments, totaling approximately $4.5 billion in funded assets.

These investments included equity investments in firms like Yuga Labs, Chipper, Toss, Genesis Digital Assets, etc. The company also possesses 38 Bahamian properties, encompassing condominiums, penthouses, and other real estate assets, with an estimated total value of approximately $200 million.

Additionally, the company maintains a significant securities portfolio valued at $529 million, primarily held in brokerage accounts with prominent crypto investment firms such as Grayscale, Bitwise, and BlackRock, the world’s largest asset management company.

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