FTX sold 890 million SUI and equity to Mysten Labs for $96 million in March last year, which is now worth $4.6 billion
On January 5, FTX creditor Sunil posted on X stating: "SUI has reached $5.2, with a market value of $16 billion. In March 2023, FTX sold 890 million SUI (stock warrants) + equity to Mysten Labs at a price of $96 million. These tokens are now worth about $4.6 billion."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SNT Holdings, Related Party Raise Combined Stake in SNTEnergy to 55.75% From 52.75%
Cold wave and rising fuel costs drive electricity prices in northeastern Japan and Tokyo to a four-year high
Japan's spot electricity prices surged to multi-year highs over the weekend.

Google (GOOGL.US) warns that new Australian cybersecurity regulations may cut off minors' access to Gmail
Google stated that a new cybersecurity bill in Australia could prevent minors from using Gmail.

Canaccord Genuity: Lowers Oklo's target price to $66