Pantera Capital Increases Solana Holdings Through FTX Auction

Pantera Capital Increases Solana Holdings Through FTX Auction


More of FTX's Solana tokens have gone to Pantera Capital, as the bankrupt exchange's estate liquidates its $2.6 billion SOL holdings.

California-based venture capital firm Pantera Capital has reportedly won another bid for discounted SOL tokens from a collapsed exchange.

Pantera was among the investors who won the bids for solana tokens at the FTX estate's auction, Bloomberg reported.

Pantera Capital Solana auction took place smoothly when held by administrators overseeing the former FTX exchange's bankruptcy proceedings.

Pantera Capital has secured another batch of Solana (SOL) tokens from the FTX bankruptcy estate's ongoing asset liquidation. This deal is one in a series of auctions aimed at controlling the liquidation of assets owned by the now-bankrupt cryptocurrency exchange FTX.

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