Pantera Capital Buys Another Trove of Solana Tokens From FTX Auction
- Administrator has been selling assets of collapsed exchange
- Buyers are acquiring the tokens at a steep discount to market
This article is for subscribers only.
Pantera Capital was among the winning bidders for another trove of discounted Solana tokens auctioned off by the administrators managing the bankruptcy of the former FTX cryptocurrency exchange, according to a person familiar with the sale.
About 2,000 SOL tokens were sold this week, according to the person, who asked for anonymity because sales information hasn’t been made public. Spokespeople for Pantera and the FTX estate didn’t immediately return requests for comment.