FTX bankruptcy team (FTX estate) intends to auction Worldcoin (WLD) tokens worth approximately $37.7 million at a deep discount. According to The Block, citing people familiar with the matter, these tokens are currently discounted by up to 25% off. Interested buyers need to bid on 10/2 at 8 pm ET, and the winning bidder will be notified on 10/3.
The auction discount is up to 25% off, and all WLD tokens will be sold
The discount range for this auction is estimated to be between 40% off and 25% off, and the current market price of WLD tokens is approximately $1.63 (before deadline on 10/3). According to people familiar with the matter, these WLDs have not been unlocked yet, but from December 1 this year to July 24, 2026, 20,539 WLDs were unlocked every day, and from July 25, 2026 to July 24, 2028, 13,689 WLD are unlocked every day. All 22.3 million WLD tokens held by the FTX bankruptcy team will be sold in this auction, and it is unlikely that there will be additional WLD in the future.
Buyers express concerns about long-term lock-up, will Figure Markets participate again?
Despite the eye-watering discounts, some buyers have expressed concerns about the long-term lock-in of WLD, which will not be fully unlocked until 2028, thus raising doubts about liquidity.
The CEO of Figure Markets, a new blockchain startup that has participated in other FTX asset auctions, expressed his willingness to participate, but the post was later deleted. People familiar with the matter revealed that Cagney may not ultimately participate in the auction due to WLD’s limited circulation and low expectations for FTX’s bankruptcy team.
(Figure Markets will participate in FTX’s SOL auction, opening up community small investments)
Existing assets are overflowing with FTT but are approaching zero value
This is not the first time the FTX bankruptcy team has sold tokens. A total of $7.5 billion worth of Solana (SOL) tokens were sold at a discount in May this year, attracting participation from large investors including cryptocurrency venture capital firm Pantera Capital. In addition, the FTX bankruptcy team successfully sold another 62.6 million Metaplex (MPLX) tokens in September to Pantera Capital and New York asset management firm ParaFi Capital.
At present, the FTX bankruptcy team has sold most of its assets, leaving only about US$585 million in assets, of which about US$533 million are FTT tokens issued by FTX itself. However, FTT has insufficient liquidity and is difficult to sell on the market. FTT only has Place $2.
This article FTX jump auction! All WLD will be sold soon, with up to 2.5% off. First appeared on Chain News ABMedia.
