Sunil Unveils FTX’s Digital Asset Holdings and Customer Claims

Introduction

Sunil, recognized as the FTX Creditor Champion and a leading FTX Creditor Activist, has meticulously unveiled the digital asset holdings and customer claims associated with FTX. This includes its prominent entities FTX.com, FTX.US, and Alameda.

FTX’s Customer Claims

• FTX has registered a staggering 36,075 customer claims.
• The total value of these claims amounts to $16 billion.

This data provides transparency and showcases the scale of operations overseen by FTX.

FTX’s Digital Asset Landscape

• The top 10 digital assets held by FTX account for 72% of its total crypto holdings.
• Solana (SOL) is the leading asset with a valuation of $1.2 billion.
• Bitcoin (BTC) and Ethereum (ETH) follow closely with valuations of $560 million and $192 million, respectively.
• Other significant assets include APT, USDT, XRP, BIT, STG, WBTC, and WETH.

FTX’s disclosed crypto assets have a total value of approximately $3.4 billion.

FTX’s Venture Portfolio

• FTX’s venture portfolio comprises 438 investments.
• The total value of these investments is $4.5 billion.
• Monetized investments have yielded a return of $588 million.
• The residual portfolio is valued at $3.8 billion and is categorized with equity investments forming 73%, limited partnerships (LP) at 4%, and tokens at 13%.

Importance of Sunil’s Disclosures

Sunil’s report offers insights into FTX’s strategic financial decisions, risk appetite, and vision for the future in the cryptocurrency domain. It provides transparency and fosters trust among stakeholders in the digital asset ecosystem.

Conclusion

Sunil’s unveiling of FTX’s digital asset holdings and customer claims highlights the platform’s significant presence in the global cryptocurrency arena. Transparency and detailed reporting are crucial in building trust and confidence among stakeholders.

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