EXCLUSIVE: SUSQUEHANNA CRYPTO CEO DEPARTS TO LEAD $671 MILLION AVALANCHE TREASURY COMPANY
https://s.yimg.com/ny/api/res/1.2/fisWbNTvR0IpyIm3abpfZQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/fortune_175/0592cafc3bc1404d02f7971e1b3bb8b7
✍️ A group of investors, including Wall Street firms, is establishing a $671 million company to stockpile the cryptocurrency Avalanche, with plans to go public in 2026.
👉 Avalanche Treasury Co. has raised $440 million from investors 👉 The company plans to go public on the Nasdaq in the first quarter of 2026 👉 The company will own over $1 billion in Avalanche cryptocurrency 👉 The company's valuation comes from the capital raised and the approximately $230 million already seeded in the acquisition vehicle
-- #BartSmith #RobHadick #JohnNahas #EminGünSirer #StaniKulechov #JasonYanowitz #MichaelSaylor #AnthonyScaramucci #business
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