TLDR Crypto · MARKETS & BUSINESS

FTX ESTATE SELLS $1.9 BILLION WORTH OF LOCKED UP SOL

theblock.co3 min read

Summary from the TLDR Crypto newsletter

The FTX estate has sold approximately $1.9 billion worth of locked-up Solana (SOL) tokens at a discounted price of $64 each to help clear the collapsed crypto exchange's debt. Galaxy Trading and other investors have shown significant interest in purchasing FTX's discounted SOL holdings.