The FTX bankruptcy estate plans to auction off more Solana tokens, potential bidders say. https://t.co/8PYIJPXSC9
The FTX bankruptcy estate plans to auction off more Solana tokens, potential bidders say. https://t.co/4itNXUCSGc
The FTX bankruptcy estate plans to auction off more Solana tokens, potential bidders say. https://t.co/MEW9pDKeE6




FTX's bankruptcy estate is set to auction a significant amount of locked Solana tokens, transitioning from previous fixed-price sales to an auction format due to high buyer interest. This decision follows the successful sale of two-thirds of FTX's locked tokens. Figure Markets CEO Mike Cagney confirmed the auction, noting it would include a $5,000 minimum bid, significantly lower than the previous $5 million requirement, allowing broader participation. The auction aims to provide an opportunity for retail investors, with necessary KYC processes in place. More details are expected to be announced on Monday.