Avalanche Treasury Company Aims for $1 Billion AVAX Treasury with Regulated Exposure

Avalanche Treasury Company, a new entrant in the digital asset treasury market, has set a target of building a $1 billion AVAX treasury. The company, led by CEO Bart Smith, is focused on providing regulated exposure to Avalanche's ecosystem growth, rather than simply accumulating tokens. Avalanche Treasury Company raised $450 million through a private placement in October and is pursuing a merger with a special purpose acquisition company (SPAC) to add more capital. The company plans to leverage broader capital markets to scale the treasury.