Virtu Financial's 15min chart triggers MACD Death Cross and KDJ Death Cross.

At Virtu Financial, our 15-minute chart has recently triggered a MACD Death Cross and KDJ Death Cross, which occurred on October 6, 2025 at 13:45. This development suggests that the stock price may continue to decline, as the momentum of the stock price is shifting towards the downside and has the potential to further decrease.

Avalanche Treasury Co. (AVAT) has announced a definitive merger agreement with Mountain Lake Acquisition Corp. in a deal valued at over $675 million, marking one of the largest crypto-aligned SPAC transactions to date. The merger, which is expected to close in the first quarter of 2026, aims to list on Nasdaq and create a public AVAX treasury company.

The combined company will start with approximately $460 million in treasury assets and has secured an exclusive $200 million discounted AVAX token purchase allocation from the Avalanche Foundation. This allocation provides a significant advantage for AVAT, which plans to position itself as a leading public vehicle for institutional exposure to the cryptocurrency.

The merger has attracted a diverse group of investors from both traditional finance and crypto sectors, including Dragonfly, ParaFi Capital, VanEck, Galaxy Digital, Pantera Capital, CoinFund, and Kraken. FalconX will provide trading and credit services, while Monarq will manage portions of the treasury portfolio. PJT Partners and Barclays are serving as financial advisors, and Skadden and Davis Polk are providing legal counsel.

The new entity, AVAT, plans to launch at a 0.77x mNAV entry point, offering investors a 23% discount relative to buying AVAX directly or through exchange-traded fund alternatives. The company aims to build an AVAX treasury exceeding $1 billion over time and deploy capital across multiple areas within the Avalanche ecosystem.

Leadership for AVAT includes CEO Bart Smith, COO Laine Litman, and CSO Budd White, who bring experience from Wall Street and the crypto industry. Ava Labs founder Emin Gün Sirer will join as a strategic advisor, and Chief Business Officer John Nahas will take a seat on the public company board. The advisory board includes Aave founder Stani Kulechov and Dragonfly Capital Managing Partner Haseeb Qureshi, among others.

The merger comes amid a strong interest in crypto-aligned SPAC deals, with AVAT's announcement following several high-profile transactions in the sector. The company's unique positioning and backing from major investors suggest a promising outlook for AVAT as it prepares to list on Nasdaq in early 2026.