Pantera Capital Eyes $250 Million Opportunity with FTX Estate for SOL: Report

Pantera Capital Eyes $250 Million Opportunity with FTX Estate for SOL: Report

Pantera Capital is reportedly in the process of securing funds from major investors to acquire heavily discounted Solana tokens from the bankruptcy estate of FTX. The company is raising capital for the Pantera Solana Fund, which presents an attractive opportunity to purchase up to $250 million worth of SOL tokens from the FTX estate.
Marketing materials from February, obtained by Bloomberg, reveal that investors would have the option to buy SOL at a price 39% below the 30-day average or at $59.95. However, in exchange for this option, investors would need to commit to a vesting period of up to four years.
Pantera Solana Fund
According to the investor pitch, Pantera initially aimed to finalize the fund’s closure by the end of February. A source familiar with the matter mentioned that the $5.2 billion crypto-focused asset manager managed to raise some funds by the deadline. However, the individual refrained from disclosing the exact dollar amount.
FTX, which entered Chapter 11 bankrupt

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We współpracy z: https://cryptopotato.com/pantera-capital-eyes-250-million-opportunity-with-ftx-estate-for-sol-report/

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