Pantera eyes $250 million in discounted #Solana tokens from #FTX estate.
đ¶ #Crypto focused asset manager Pantera Capital is raising funds to buy discounted Solana tokens from the bankrupt #FTX exchange, Bloomberg reported on Mar. 7.
đ¶ According to the report, the company initiated the Pantera Solana Fund to acquire up to $250 million of $SOL tokens from the distressed FTX estate.
đ¶ This move entails purchasing #SOL at a discounted rate of approximately 39%, pegged at around $59.95 based on a 30-day average price.
