Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Potential bidders say FTX will auction more Solana tokens this week

Potential bidders say FTX will auction more Solana tokens this week

Bitget2024/04/24 00:34
By:Bitget

PANews reported on April 24th, according to Bloomberg, insiders revealed that the bankrupt FTX cryptocurrency exchange plans to auction an undisclosed amount of Solana tokens from its bankruptcy assets again this week. The next batch of SOL will be "blind auctioned". An insider stated that the auction deadline is Wednesday and the results will be announced on Thursday. In its recent monthly operation report, FTX disclosed that it sold approximately $307.6 million worth of SOL and ZBC tokens in March. The sales situation for April has not yet been announced. The spokesperson for the bankruptcy assets declined to comment.

Possible bidders include Figure markets, Pantera Capital, and Abra. Figure stated on its website that it is raising funds through a special purpose vehicle (SPV) to bid for tokens. Abra CEO Bill Barhydt said in an interview that the trading platform will also bid. Insiders revealed that Pantera won part of early sales and intends to participate in the latest sale; the company is weighing whether to bid by itself or through SPV.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Pro-crypto Pierre Poilievre leads Polymarket odds to become Canada's next prime minister, replacing Justin Trudeau

Users of the decentralized prediction platform Polymarket are giving 89% odds in favor of Pierre Poilievre becoming Canada’s next elected prime minister.The total trading volume on who will become Canada’s prime minister hit $412,095 on Monday, as Justin Trudeau tendered his resignation.

The Block2025/01/06 22:55

Bitcoin and Altcoins Are Booming! What’s Driving the Rise? Which Altcoins Are Hot? What are the Liquidation Data? Here is the Answer to All

The Bitcoin and altcoin world began to experience a sudden rise, and the psychological barrier of $100,000 was broken in BTC price.

Bitcoinsistemi2025/01/06 21:11

Intriguing Link Between Bitcoin Price and Satoshi Nakamoto’s Identity Revealed

It turns out that there is an intriguing connection between the price of Bitcoin and the identity of its founder, Satoshi Nakamoto.

Bitcoinsistemi2025/01/06 21:11

Analyst Claims Bitcoin Entering Final Stages of Bull Rally, Cites Data

A crypto analyst has claimed that the Bitcoin chart is now entering the final stages of a bull market.

Bitcoinsistemi2025/01/06 21:11