Bloomberg: Pantera is raising funds to purchase a large amount of discounted SOL from the FTX Estate

ChainCatcher news, according to Bloomberg, Pantera Capital is raising funds from large investors to purchase discounted Solana tokens from the FTX Estate.

According to marketing materials sent to potential investors in February, which Bloomberg has seen, the fund has the opportunity to buy $250 million worth of SOL tokens from the FTX Estate. In exchange for the option to purchase SOL at a price 39% below the 30-day average price or at $59.95, investors must agree to a vesting period of up to four years.

Pantera stated that the FTX Estate holds 41.1 million SOL tokens, valued at $5.4 billion as of Wednesday, accounting for approximately 10% of the total supply.