According to Bloomberg, Pantera Capital is raising funds to purchase FTX’s Solana assets.
Accordingly, $5.2 billion crypto-focused asset manager Pantera Capital is trading at a steep discount on the holdings of bankrupt cryptocurrency exchange FTX. solana It raises money from large investors to purchase the tokens.
Pantera Capital, according to marketing materials sent to potential investors in February and seen by Bloomberg. “Pantera Solana Fund” Up to $250 million held by FTX through LEFT Seeking funds to purchase its token.
In exchange for the option to purchase SOL at $59.95, 39% below the 30-day average price, investors must agree to a vesting period as long as four years.
After the news Solana (LEFT) The price started to rise.
The news will be updated.
*This is not investment advice.
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