Pantera Capital Makes Major Solana Acquisition In 2,000 SOL Auction From FTX
Summary
Pantera Capital successfully bid for approximately 2,000 discounted Solana (SOL) tokens in an auction by the liquidators overseeing the bankruptcy of FTX cryptocurrency exchange. The sale follows a previous deal where FTX sold a substantial portion of its SOL holdings. Pantera Capital is also pursuing the launch of a new fund, "Pantera Fund V," aiming to raise over $1 billion for investment in blockchain assets. SOL's value is currently at $144 per token, with a market capitalization of $64 billion, placing it as the fifth largest cryptocurrency.
