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BitDegree 2024-03-07 12:34:33

Pantera to Acquire Solana Tokens at Reduced Price from FTX Assets

Key Takeaways Pantera Capital is launching the Pantera Solana Fund to buy discounted SOL tokens from FTX's estate. The fund seeks to purchase $250 million worth of SOL at a 39% discount, with a four-year vesting period. This investment strategy highlights Pantera’s confidence in Solana’s value and offers a liquidity solution for FTX creditors.

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