The post FTX Sold Cursor Stake for $200K – Now It’s Worth $500 Million appeared first on Coinpedia Fintech News
Crypto never sleeps, and neither do its billion-dollar blunders.
According to FT, AI code editor Cursor just closed a jaw-dropping $900 million funding round at a $9 billion valuation.
Just in: AI coding platform Cursor has raised $900 million in funding, reaching a $9 billion valuation.
In 2022, #Alameda invested $200,000 in Cursor’s seed round, but #FTX liquidators later sold the stake for the same amount.
That investment is now potentially worth… pic.twitter.com/y1A8HJyp7h
— Coinpedia (@CoinpediaNews) May 6, 2025
But while top VCs like Thrive Capital, a16z, and Accel are celebrating, there’s one name glaringly missing from the winners’ circle: FTX. Here’s why.
From $200K to $500M: What Went Wrong?
Back in 2022, Alameda Research – FTX’s sister trading firm – quietly invested $200,000 into Cursor’s seed round. Fast forward to t
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