Figure Markets CEO confirms FTX’s auction of remaining locked Solana (SOL)
FTX to auction the remaining locked Solana (SOL) tokens. The last SOL token sale by FTX attracted significant buyer interest. Figure Markets confirms it will participate in the auction. The embattled FTX cryptocurrency exchange is set to auction the remaining locked Solana (SOL) tokens from its estate. The decision follows the success of the previous sale, which generated significant interest from buyers. The upcoming auction has been confirmed by Mike Cagney, the CEO of Figure Markets and board chair of Figure, who disclosed that the decentralized exchange will take part in the auction . Figure Markets introduces SPV investment opportunity To facilitate Figure Markets’ participation in the upcoming SOL auction s from the FTX estate, Figure Markets has unveiled a Special Purpose Vehicle (SPV) open to non-US investors (subject to KYC) and accredited US investors. The SPV will operate based on community consensus, where each dollar invested equals ...