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FTX sells 30 million locked SOLs at a discounted price of $64, valued at $1.9 billion
2024/04/05 19:06
FTX sold as many as 30 million locked SOLs at $64 each, totaling about $1.9 billion, to pay off its own debt.Solana has the largest percentage of FTX's digital asset holdings, and since FTX's collapse in November 2022, investors have scrambled to get a piece of the company's Solana holdings. Galaxy Trading set up a $620 million fund to acquire FTX's discounted SOL, according to Bloomberg.
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