Abu Dhabi Sovereign Wealth Fund
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FTX sold the equity of Sequoia Capital to Abu Dhabi Sovereign Wealth Fund for US $45 million
On March 9, the court documents submitted on Wednesday showed that Alameda Research had reached a cash transaction of $45 million to sell its shares in Sequoia Capital to the Abu Dhabi Sovereign Wealth Fund. Interpretation of this information: Alameda Research, a quantitative trading firm, has reportedly sold its stake in Sequoia Capital for $45 million to Abu Dhabi Sovereign Wealth Fund. The transaction, which was finalized on 9th March, was revealed through court documents submitted on the same day. While the details of the deal remain unclear, it is…
