Figure Markets, Pantera Snap Up Final Pieces of FTX’s Solana (SOL) Stash: Report

The bankrupt crypto exchange FTX has concluded the sale of $2.6 billion worth of discounted Solana tokens. Figure Markets and Pantera Capital were among the buyers who raked up the final troves of SOL tokens from FTX after weeks of auctions.

Two unnamed sources further revealed that Pantera Capital also participated in the recent auction, but the amount paid by the venture capital fund is not known. Earlier in March this year, Pantera aimed to raise $250 million from investors to acquire Solana tokens from FTX. The following month, Pantera successfully secured a batch of discounted Solana tokens as a winning bidder.

The assets they had entrusted to FTX – had they not been locked up in bankruptcy – would have grown to at least $4 million, according toFTX claims it can gather enough funds to repay creditors 100% of what they are owed, plus interest.

Source: Financial Digest (financialdigest.net)

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