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Asset management firm Pantera Capital has emerged as one of the successful bidders in an auction of discounted Solana (SOL) tokens conducted by the liquidators overseeing the bankruptcy of the former FTX cryptocurrency exchange.
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Venture capital firm Pantera Capital successfully acquired an undisclosed amount of discounted Solana tokens in a recent auction orchestrated by the bankrupt FTX exchange managers.
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The Pantera Fund V will invest in a range of blockchain-based assets and is slated for launch in April 2025.
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Pantera Capital, a prominent crypto-focused asset management firm, recorded a significant profit for its Liquid Token Fund in the opening quarter of 2024. This positive performance came despite the fund selling off large portions of its Bitcoin and Ethereum-linked assets over the past few months.
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