FTX to auction another batch of Solana (SOL) tokens this week, potential bidders say higher bids are expected

According to BlockBeats, on April 24, Bloomberg reported, citing people familiar with the matter, that the bankrupt cryptocurrency exchange FTX plans to auction another batch of unknown Solana (SOL) tokens through a "blind auction" this week. The auction will end on Wednesday, and the results are expected to be announced on Thursday. Potential bidders include Figure Markets, Pantera Capital and Abra. Figure said it is raising funds through a special project fund to participate in the bidding; Abra CEO Bill Barhydt also said he would participate in the auction; Pantera is weighing whether to bid independently or through a special fund. FTX sold about two-thirds of Solana tokens worth $2.6 billion at a significant discount of more than $60 per token in early April, when SOL was trading at about $172. It is reported that the price of SOL tokens in this auction is expected to be higher than the last time.