• Pantera Capital has launched $250 million in funding for discounted SOL tokens from FTX Property.
• Pantera Capital's goal worth is $59.95 per SOL, 57% under the present market worth of $142.
• FTX holds 41.1 million SOL (price $5.4 billion).

Pantera Capital, a widely known asset administration firm specializing in cryptocurrencies, has launched a fundraising marketing campaign to amass Solana (SOL) tokens from the property of the bankrupt FTX trade.

To make the most of the discounted SOL tokens, Pantera goals to boost capital into the Pantera Solana Fund, with the purpose of buying as much as $250 million price of SOL tokens.

Low cost alternative to get SOL

This enterprise presents traders a profitable alternative to amass SOL tokens at a big low cost.

Pantera plans to buy a portion of FTX's SOL holdings at a price of $59.95 per token, representing a big 57% low cost in comparison with the present market worth of $142 per token.

As a part of the funding alternative, potential traders should decide to a vesting interval of as much as 4 years.

FTX's Solana (SOL) holdings

FTX Actual Property holds roughly 41.1 million SOL cash price roughly $5.4 billion, accounting for about 10% of the whole provide of Solana tokens.

Solana’s SOL token has proven spectacular efficiency, rising 2.51% prior to now 24 hours and at present buying and selling at $142.51.

Moreover, SOL posted a formidable rally of over 10.5% on the weekly chart and 49.7% on the month-to-month chart as Solana sees a rise in meme coin buying and selling exercise.

This strategic transfer by Pantera Capital sees the corporate leveraging discounted SOL tokens to grab funding alternatives within the crypto market, with the potential to generate important returns for traders over an outlined vesting interval. We’re emphasizing our efforts.