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Informed sources: FTX plans to auction SOL again this week, in a blind auction format

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2024-04-24 00:23:59
The bankruptcy estate of the defunct FTX cryptocurrency exchange plans to auction an undisclosed number of Solana tokens again this week, according to people familiar with the matter. The next batch of SOL will be in a "blind auction", according to two people familiar with the matter who requested anonymity. The auction deadline is Wednesday and the results will be announced on Thursday, one person familiar with the matter said. In its most recent monthly operating report, FTX disclosed that it sold about $307.60 million of SOL and ZBC tokens in March. Results for April sales have not been announced.
Potential bidders include Figure Markets, Pantera Capital, and Abra.
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