· investment-strategies · 1 min read
FTX Ventures Holdings Wind Down: Trust Monetizes $334M
The FTX Recovery Trust reported ~$334M in proceeds from monetizing former FTX Ventures investments, and agreed to sell another venture stake for $330M.
The FTX Recovery Trust continued winding down the former FTX Ventures portfolio, reporting roughly $334M in proceeds from venture investments through 2025 and agreeing to sell another venture stake for $330M in February 2026.
Key facts
- Entity: FTX Recovery Trust (established Jan 3, 2025)
- Venture proceeds: ~$334M monetized through 2025
- Investments held: $1.819B (fair value, Dec 31, 2025)
- New sale: $330M binding agreement (Feb 23, 2026), pending approvals
- Context: FTX Ventures is defunct; FTX collapsed in November 2022
Why this matters
FTX Ventures no longer operates as an investor; its holdings are assets being liquidated for creditor recoveries. The monetization pace shows the estate steadily converting venture stakes to cash.
Sources
- FTX 2025 Annual Financial Report (Epiq/Kroll): https://document.epiq11.com/document/getdocumentbycode?docId=4559263&projectCode=FTX
- Kroll Restructuring Administration — FTX: https://restructuring.ra.kroll.com/ftx/