The estate charged with overseeing the FTX bankruptcy has auctioned the last of its highly discounted SOL tokens to Pantera Capital and Figure Markets.
The FTX estate has finally offloaded the last of its highly discounted Solana (SOL) tokens to Pantera Capital and Figure Markets in the now-defunct exchange’s bid to make creditors and former clients whole.
FTX sold the Solana tokens, valued at $2.6 billion, for $102 per token—a steal when compared to SOL’s current market price of $168.
Figure Markets acquired 800,000 SOL tokens through the auction, with Pantera Capital acquiring the rest of the lot sold by the bankrupt exchange.