The FTX estate has completed the liquidation of its last shares in Anthropic, a notable artificial intelligence (AI) company recognized for its Claude chatbot.

The recent bankruptcy records from the FTX estate reveal the sale of 15 million Anthropic shares at a price of $30 per share, resulting in a total of over $452 million gained from the transaction.

The leading buyer in this deal, as per court documents, was G Squared, a venture capital fund manager, who acquired 4.5 million shares for approximately $135 million.

Other significant buyers included Fund FG-BLU, along with more than a dozen hedge funds and investment firms.

This recent sale comes after a previous transaction that took place two months ago, where FTX sold a substantial portion of its Anthropic holdings at the same $30 per share rate, primarily to investors based in Abu Dhabi. This earlier transaction brought in around $900 million, contributing to a total of approximately $1.3 billion generated from these sales.

During the initial sale, one of the prominent buyers was ATIC Third International Investment Company LLC, associated with the UAE's sovereign wealth fund Mubadala, which acquired nearly $500 million worth of Anthropic shares from FTX.

FTX officials express optimism regarding the potential creditor repayment prospects, pointing out that the estate holds cash reserves reported to be approximately $6.4 billion.

The Anthropic shares held considerable value in FTX's portfolio, originating from an initial $500 million investment made by the now-bankrupt crypto exchange Alameda for an 8% stake in Anthropic back in 2021.

Entrepreneur Sam Bankman-Fried, the founder of the trading firm Alameda Research and later FTX, leveraged billions of dollars from FTX accounts and utilized the exchange's native token as collateral, leading to the eventual bankruptcies of both entities in November 2022. Bankman-Fried received a 25-year prison sentence as a consequence.

The AI sector's rapid growth significantly increased the value of Anthropic shares, resulting in more than $800 million in profits for the bankrupt exchange.

Anthropic's value soared when it received funding from Google in late 2022, with reports indicating that Google invested about $300 million in the AI startup to strengthen its position against competitors in the artificial intelligence domain.

The sale of the shares became feasible after the U.S. Bankruptcy Court, on Feb. 22, approved FTX's motion to divest from Anthropic, with the shares' value growing to more than double the initial investment.

This approval marked a pivotal moment in the exchange's roadmap to settle debts and overcome bankruptcy challenges.

FTX customers initially resisted the sale of Anthropic shares, citing concerns of misappropriated funds. Yet, they eventually agreed to the sale on the condition that they could assert their claims on the proceeds later.

Although FTX faced hurdles in its attempt to sell Anthropic shares in June 2023, subsequent successful sales have paved the way for addressing the company's financial commitments.

Former customers and investors anticipate that the revenue from these sales will play a vital role in FTX's debt settlement efforts and bankruptcy proceedings.

Meanwhile, Anthropic is collaborating with Amazon.com Inc, with Amazon having invested at least $4 billion in the company.