Pantera Raises Funds to Acquire Solana Tokens from FTX Exchange

Bittime - Pantera, one of the leading crypto asset management companies, announced plans to raise funds to acquiretokensfrom FTX Exchange which went bankrupt several years ago.

Fundraising Plan and Goals

The plan involves raising funds of US$250 million or the equivalent of IDR 3.9 trillion, which will be used to purchase Solana tokens from FTX. This move not only aims to expand Pantera's digital asset portfolio, but also gives FTX the opportunity to repay its debts to investors.

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Confidence in Solana's Growth Potential

This move shows Pantera's commitment to investing in crypto assets that have strong growth prospects in the market. Solana, as a fast and efficient blockchain platform , has attracted the interest of many investors with its innovative technology and growing ecosystem.

Pantera's Role in the Formation of the Crypto Ecosystem

This move highlights the important role companies like Pantera play in the formation and development of the crypto ecosystem. With this fundraising, Pantera hopes to strengthen its position in the market and capitalize on the growth opportunities offered by Solana and other digital assets.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.  

To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn  Complete Guide How to Buy Crypto on Bittime .  

Monitor price chart movements of Bitcoin (BTC) ,  Ethereum (ETH) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime. 

Also Read:

Solana (SOL) Future & Solana ETF Predictions

What is a Solana Virtual Machine (SVM)? Understanding the Core Technology Behind Solana

What is Harambe on Solana (HARAMBE)? Solana Based Cryptocurrency

DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.