FTX SEEKS PERMISSION TO SPEEDILY SELL 8% STAKE IN ANTHROPIC

Summary from the TLDR Crypto newsletter

FTX is reportedly seeking to sell its 8% stake in AI startup Anthropic as part of its bankruptcy proceedings. It is aiming to expedite the sale so it can be addressed in a court hearing scheduled for February 22. FTX’s stake's exact value is undisclosed, but Anthropic's last reported valuation was around $1.4 billion. The FTX estate has stated that it expects to be able to repay creditors in full and this sale is likely to be a crucial part of that plan.