Avalanche Seeks $1B to Fund AVAX Crypto Treasury Firms

Avalanche Seeks $1B to Fund AVAX Crypto Treasury Firms

The Avalanche Foundation is reportedly aiming to raise $1 billion to establish two U.S.-based digital asset treasury entities, a move designed to deepen institutional engagement with its native token, AVAX. According to sources cited by the Financial Times, the nonprofit is currently in advanced discussions with investors to facilitate the launch of a digital asset treasury firm and to repurpose an existing entity into a long-term AVAX accumu...

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