Pantera, Figure Markets Buy Last of Discounted FTX Solana (1)

After weeks of auctions, the estate of bankrupt crypto exchange FTX concluded sales of a $2.6 billion trove of deeply discounted Solana tokens, with Figure Markets and Pantera Capital among the latest buyers.

Figure paid about $80 million for a block of 800,000 coins, according to two people familiar with the matter who asked not to be identified because the auction’s results are not public. One person added that Figure paid roughly $102 per token, a steep discount to the market price. The price of Solana tokens fell 4% to about $169 as of 2:10 p.m. in New York.

Pantera ...