According to sources cited by The Block, several cryptocurrency funds, including Pantera Capital and ParaFi Capital, have recently purchased a large amount of Metaplex (MPLX) tokens from Wave Digital Assets. The funds involved in the transaction have also confirmed this news, stating that these tokens were initially held by legacy assets from FTX's bankruptcy.

The MPLX tokens held by FTX have been sold out

The source cited bankruptcy documents stating that initially 72.6 million MPLX tokens were held in FTX's legacy assets, of which 62.6 million were privately sold in the past five months, making up all unlocked MPLX tokens in FTX assets at the time. In addition, sources cited on chain data stating that an additional 2.5 million tokens were transferred from FTX wallets last month, leaving only 7.5 million tokens to be sold, which will be fully unlocked on September 19th.

Metaplex is a Solana based protocol that supports the creation of digital assets including both fungible tokens (FT) and non fungible tokens (NFT). Since its launch in 2021, Metaplex claims that its platform has facilitated the minting of over 550 million assets, covering 55 million independent wallets.

MPLX institutional acquisition price

Modular Capital is one of the funds that purchased MPLX from Wave Digital. James Ho, co-founder and managing partner of the company, stated:

The Metaplex standard has been adopted by top projects such as Helium, Tiplink, Driphaus, Pump.fun, and Reflect, covering various application scenarios from decentralized physical infrastructure (DePINs) to payments, messaging, and creator economics. Since 2024, Metaplex has generated a cost of 70000 SOLs, equivalent to approximately $13 to $14 million annually. We believe that Metaplex has a bright future, and its complete infrastructure standard suite can provide support for creators and token issuers

It is reported that Modular Capital purchased approximately 700000 tokens in April at an average price of $0.21 per token, with discounts ranging from 25% to 30% at the time. According to CoinGecko's data, the current price of MPLX is $0.25, with a fully diluted valuation of approximately $245 million.

Is MPLX undervalued by the market?

Ryan Watkins, co-founder of Syncrace Capital, stated that MPLX is still being overlooked by the market and traded at an undervalued price to earnings ratio. Ryan Watkins believes that Metaplex is an important infrastructure for Solana's digital asset economy and will ultimately become one of the most valuable projects on Solana. Ryan Watkins confirmed that Syncrace purchased MPLX tokens worth $1.4 million in April at a price of $0.2 per token, with a discount of approximately 40% at the time.

In addition to the two funds mentioned above, institutions such as Pantera, ParaFi, and Theia Blockchain have also purchased MPLX tokens from Wave Digital. Theia's co-founder Felipe Montealegre confirmed the transaction but refused to provide specific details. On the other hand, sources have revealed that Pantera Capital and ParaFi Capital jointly led the purchase of MPLX.

Cosmo Jiang, portfolio manager at Pantera Capital, confirmed that the institution is a holder of the MPLX token and stated that Metaplex aligns with Pantera's long-term investment strategy, which focuses on high-quality agreements with market fit and potential for value growth. And ParaFi Capital's investor Josh Solesbury also confirmed their investment in MPLX.

(责任编辑：现货银)

• ·新加坡派币渠道在哪找？知名度高派币渠道交易量排名
• ·公认最好数字货币交易软件有什么？入门选择数字货币交易软件公布
• ·数字货币钱包软件有哪些？十大usdt钱包app盘点
• ·十大数字货币行情走势 十大数字货币行情价格
• ·东南第一山在哪里-东南第一山在哪里九华山
• ·比特股市值多少亿
• ·昆明阿玛施专柜在哪里
• ·比特币热钱包官网下载注册v6.8.9
• ·三七粉价格揭秘，买前必看！三七粉多少钱一斤
• ·LO币价格最新消息LO币今日价格行情走势
• ·ordi币最新消息_奥迪币铭文板块代币，未来走向何方？
• ·9大虚拟币 交易平台排行榜 虚拟货币交易平台app下载
• ·BTC大陆APP盘点 加密币冷钱包最多人下载的TOP3
• ·币圈小白币安币安装包官网_国际顶尖币安币安装包用户量排名
• ·2025全球区块链交易平台排行榜 区块链交易平台app下载
• ·以太坊ICO早期参与者结束多年沉眠，抛售近3000万美元ETH