TechFlow reports, according to The Block, that the FTX bankruptcy management team is auctioning 22.3 million locked Worldcoin (WLD) tokens at a steep discount, currently valued at approximately $37.7 million.
The auction is part of FTX's ongoing efforts to recover funds for creditors. Interested buyers must submit bids by 8 p.m. Eastern Time on Wednesday, with potential discounts ranging from 40% to 75%.
These WLD tokens will unlock daily until 2028. The auction marks FTX's continued asset liquidation following the sale of Solana and Metaplex tokens. The FTX estate currently holds around $594 million in assets, mostly consisting of illiquid FTT tokens.
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