Pantera was among the investors who won the bids for solana tokens at the FTX estate’s auction, Bloomberg reported.
Pantera Capital, which maintains $5.2 billion in assets under management, has won the bid for another trove of Solana tokens from the FTX bankruptcy estate, according to Bloomberg.
FTX’s 41 million locked Solana has seen strong demand. The Solana tokens made up the largest percentage of FTX’s crypto holdings at the time of its collapse. As of early March, Pantera was reportedly raising money to create a fund to purchase up to $250 million worth of locked Solana from the estate.
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