Pantera Capital Raising New Fund to Purchase Discounted Solana from FTX Estate

• Pantera Capital seeking fresh capital for new fund to purchase discounted Solana tokens from FTX estate • Fund floated to investors as Pantera Solana Fund • Stated it has opportunity to buy up to $250M of SOL at 39% below 30-day average price of $59.95 • Purchased tokens would be vested for at least 4 years, allowing FTX estate to liquidate SOL holdings • Pantera aimed to close fund by end of Feb, raised some money by deadline per Bloomberg