Ontario Teachers' Pension Plan: invested a total of $95 million in both FTX and FTX.US

11/11 02:02

Canadian Ontario Teachers' Pension Plan has released Ontario Teachers’ statement on FTX. In October 2021, Ontario Teachers’ invested a total of $75 million in both FTX International and its US entity (FTX.US). In January 2022, Ontario Teachers’ made a follow-on investment of $20 million in FTX.US. While there is uncertainty about the future of FTX, any financial loss on this investment will have limited impact on the Plan, given this investment represents less than 0.05% of our total net assets.
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