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.
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 to Auction Off More Solana This Week, Potential Bidders Say
FTX To Auction Off the Rest of Its Locked #Solana Tokens 👀
🚨 BREAKING: Bankrupt crypto exchange FTX is preparing to offload more of its locked Solana (SOL) tokens through an auction, diverging from its previous method of selling at a set price. These tokens cannot be sold by buyers until a future date. https://t.co/XuJcOaZJA7
FTX Will Auction Off the Rest of Its Locked Solana Tokens ► https://t.co/hFOw7Tl8Ii https://t.co/hFOw7Tl8Ii
🗞️ Crypto News The FTX estate will conduct the next sale of locked Solana $SOL tokens in the form of an auction rather than a fixed-price sale. 🔗 https://t.co/0v6Q2uTbGK #CryptoNews
FTX creditors invited to participate in the auction of the exchange's remaining $SOL tokens. Figure CEO Mike Cagney opts for an auction approach, opening doors for retail investors with a $5,000 minimum, a shift from prior $5M requirements. The process includes a KYC…
FTX TO AUCTION OFF LOCKED SOLANA TOKENS FTX's bankruptcy estate is preparing to auction a significant amount of locked Solana tokens, according to Figure CEO Mike Cagney. This follows a previous sale of two-thirds of FTX’s locked tokens which garnered substantial interest and… https://t.co/XTZSjA5VYc
FTX to Auction Next Batch of Locked Solana Tokens: Figure Markets CEO Figure Markets CEO Mike Cagney said he had received confirmation that the next round of the FTX estate’s locked SOL sales would take place via an auction, with more details to come on Monday.…
#FTX Estate Plans Auction for Locked #Solana Tokens #NewsBytes https://t.co/QaZvc7FsUG
UPDATE: FTX ESTATE WILL NOW AUCTION LOCKED SOLANA TOKENS, ABANDONING SET PRICE SALES, AMIDST SURGING BUYER INTEREST
FTX to sell next lot of locked Solana tokens at auction https://t.co/VUE0fMM14G