Avalanche Foundation is seeking to raise $1 billion to establish cryptocurrency-focused treasury companies in the U.S. This move from AVAX follows a growing treasury strategy in the market. Avalanche Eyes Major Treasury Push According to the Financial Times, Avalanche is in advanced talks with investors to launch two U.S.-based vehicles designed to accumulate digital assets.
The post Avalanche Seeks $1B to Launch Treasury-Focused AVAX Firms in U.S. appeared first on CoinGape.
