Alameda Research, the investment arm of FTX, has reached a $45 million cash deal to sell its stake in Sequoia Capital to the Abu Dhabi sovereign wealth fund, CoinDesk reported. The deal, which also requires the approval of Delaware Bankruptcy Court Bankruptcy Judge John Dorsey, could close as early as March 31. After receiving letters of intent from four parties and negotiating with two parties about the sale of the Sequoia assets, FTX “decided to enter into an agreement with the buyer based on its superior offer and ability to execute the sale within a short period of time,” according to court documents.