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Pantera and ParaFi Acquire FTX’s Metaplex Tokens Amid Growing Interest
Summary: Several crypto funds, including Pantera Capital and ParaFi Capital, have purchased a significant portion of Metaplex (MPLX) tokens from Wave Digital Assets, originally held by the FTX estate. Out of the 72.6 million MPLX tokens, 62.6 million were sold privately over the past five months, leaving 7.5 million to be unlocked by September 19. Metaplex, ...
Several crypto funds, including Pantera Capital and ParaFi Capital, have purchased a significant portion of Metaplex (MPLX) tokens from Wave Digital Assets, originally held by the FTX estate. Out of the 72.6 million MPLX tokens, 62.6 million were sold privately over the past five months, leaving 7.5 million to be unlocked by September 19.
Metaplex, built on the Solana blockchain, supports the creation of NFTs and other digital assets. Investors, including Pantera and ParaFi, view Metaplex as a critical infrastructure for Solana's ecosystem, trading at a discounted price. This move follows similar acquisitions of FTX’s Solana tokens by VC firms earlier this year.
Tags: MPLX,NFT,Pantera Capital,ParaFi Capital
Link: Pantera and ParaFi Acquire FTX’s Metaplex Tokens Amid Growing Interest [Copy]
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