Avalanche Treasury Co. Eyes Exclusive AVAX Deals & $460M Initial Raise

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Avalanche Treasury Co. says it has an “exclusive relationship” with the Avalanche Foundation, which reportedly planned to sell millions of AVAX tokens at a discount to treasury companies.

After going public, Avalanche Treasury Co. aims to hold more than $1 billion worth of AVAX, starting with an initial capital raise of about $460 million in treasury assets. Backers of the merger include Dragonfly, VanEck, FalconX, Monarq, Galaxy Digital, Pantera Capital, CoinFund, and Kraken.

The company joins a wave of firms moving to hold or buy large amounts of crypto, such as AgriFORCE Growing Systems, which recently announced a $700 million AVAX purchase under its rebrand “AVAX One.”

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Avalanche Treasury Co. targets $1B+ in AVAX holdings, starting with a $460M raise.
Partners include Dragonfly, VanEck, Galaxy, Pantera & Kraken. The firm also claims an “exclusive relationship”

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Insight: With discounted AVAX sales and $1B+ in planned holdings, Avalanche Treasury Co. positions itself as a major institutional bridge into the Avalanche ecosystem.