FTX has seen a surge in its claim pricing, reaching a maximum of 57%, according to Claims Market. This increase is reportedly related to the skyrocketing valuation of artificial intelligence (AI) companies previously invested in by FTX. Other notable claim pricing figures include Celsius, currently at 35–40%, Genesis at 50%, Alameda at 10-15%, and 3AC at only 7-9%. The rise in claim pricing highlights the growing importance of insurance in the cryptocurrency industry. With crypto assets often being subject to volatility and security risks, investors and exchanges alike are increasingly turning to insurance to protect against potential losses.
FTX’s claim pricing reaches 57% as AI investments soar!
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