Loading...
Loading...
Browse all stories on DeepNewz
VisitFigure Markets Acquires 800,000 Solana Tokens for $80 Million in Final $2.6 Billion FTX Auction
May 24, 2024, 03:16 PM
Figure Markets has acquired 800,000 Solana (SOL) tokens for approximately $80 million in the final auction of FTX's remaining staked Solana assets. The tokens were purchased at a price of $102 each. This transaction is part of a larger liquidation process, where the bankrupt crypto exchange FTX concluded the sale of $2.6 billion worth of Solana tokens at a discount. The acquisition was confirmed by Figure Markets CEO Mike Cagney and involved collaboration with Pantera Capital. The final auction and the sale were reported by Bloomberg Crypto.
View original story
Markets
Yes • 50%
No • 50%
Financial news outlets, official company disclosures
No • 50%
Yes • 50%
Public disclosures, financial news outlets, or official statements from Figure Markets
No • 50%
Yes • 50%
Cryptocurrency market data platforms such as CoinMarketCap or CoinGecko
Increase by over 20% • 33%
Increase by less than 10% • 34%
Increase by 10% to 20% • 33%
Cryptocurrency market capitalization rankings and data from CoinMarketCap or CoinGecko
Worst performer • 25%
Top performer • 25%
Average performer • 25%
Below average performer • 25%
Performance comparison on cryptocurrency data platforms like CoinMarketCap
Hold all tokens • 25%
Sell part of the tokens • 25%
Reinvest in other cryptocurrencies • 25%
Other strategic moves • 25%
Official statements from Figure Markets, financial disclosures