Pantera Capital, the first crypto fund in the U.S., won some of the bids for the 41 million in locked Solana tokens during an FTX estate auction this week.

Bloomberg reported today, citing an anonymous person close to the matter, that Pantera added to their winnings among other bidders as 2,000 SOL tokens sold this week.

FTX, one of the largest cryptocurrency exchanges of its time, went bankrupt in 2022, leaving its crypto holdings under lock. Solana (SOL) made up a majority of these holdings, with over 41 million tokens to be liquidated.

The SOL tokens the FTX estate is selling are locked under a pre-agreed vesting period, meaning they cannot be traded in the market. However, they will gradually become available over the next 4 years.

These SOL tokens have seen high demand from institutional investors, eager to leverage the opportunity to grab some Solana at a discount.

Pantera Capital, an American hedge fund and venture capital firm that manages $ 5.2 billion in digital assets, is a particularly interested party.