Pantera Capital's Moves to Acquire Solana Tokens from FTX's Holdings

Pantera Capital, a company specializing in cryptocurrency asset management, is currently in the process of raising funds with the goal of acquiring Solana (SOL) tokens from the estate of the now-defunct #FTX exchange. The firm's objective is to gather up to $250 million for its Pantera #Solana Fund, as revealed in marketing documents distributed to potential investors and reported by #Bloomberg . Pantera's proposal involves purchasing a portion of FTX's Solana holdings at a price of $59.95 per token, which represents a significant discount of 57% compared to its value of $142 per token at the time the information was compiled. To participate in this investment opportunity, interested investors are required to consent to a vesting period that could extend up to four years.
$SOL $FTT