FTX estate's $7.5 billion sale of locked solana attracts stron | 💠 Binance || Coinbase || Bybit 💠

FTX estate's $7.5 billion sale of locked solana attracts strong interest

The FTX estate’s sale of 41 million locked solana worth $7.5 billion has seen heavy demand, according to nine sources close to the discussions. Galaxy Asset Management was picked by the FTX estate in September 2023 to facilitate token sales as the estate reckoned that it would provide the services in a cost-effective and discrete manner. The registered investment advisor is allocating the tokens to prospective bidders, some of whom are raising funds to make larger bids.

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