Insider: Multiple Buyers Interested in Acquiring “Locked Solana,” Worth 7.5 Billion MAG, from FTX

Insider: Multiple Buyers Interested in Acquiring "Locked Solana," Worth 7.5 Billion MAG, from FTX

Insider: Multiple Buyers Interested in Acquiring "Locked Solana," Worth 7.5 Billion MAG, from FTX

According to a previous report by Zombit, blockchain investment company Pantera Capital is also raising funds from large investors to purchase heavily discounted SOL tokens from FTX. According to marketing materials sent to potential investors in February, as seen by Bloomberg, Pantera is raising funds for the Pantera Solana Fund, which has the “opportunity” to purchase up to $250 million worth of SOL tokens from the bankruptcy estate of FTX. As a condition for purchasing SOL at a price 39% (59.95 USD) below the 30-day average price, investors must agree to a lock-up period of up to four years.