The folks behind Avalanche are apparently cooking up something big. Word is getting out that the Avalanche Foundation wants to raise a whopping $1 billion, and they’re not just doing it for fun. They’ve got plans to launch some serious digital asset treasury projects.
Here’s how this whole thing is supposed to work. They’re talking to investors about two separate deals, each worth around $500 million. The first one involves Hivemind Capital, a blockchain investment firm from New York, and they’re looking at buying into an existing Nasdaq-listed company. Pretty wild stuff.
The second deal is even more interesting because it involves Dragonfly Capital through something called a special purpose acquisition vehicle. That’s just a fancy way of saying they’re creating a company specifically to buy and hold crypto assets. Think of it like a crypto piggy bank, but with way more zeros.
What makes this really appealing for these investors is that they get to buy AVAX tokens directly from the foundation at a discount. We’re talking about potentially 34.7 million AVAX tokens if they raise the full billion dollars. That’s roughly 8% of all the AVAX tokens currently floating around out there.
The timing seems pretty good too, considering AVAX has been on a tear lately with a 16% jump in just the past week.
Conclusion
Avalanche’s billion-dollar fundraising push could reshape its ecosystem, attract major institutional backing, and strengthen AVAX’s market position—especially with investor discounts and recent price momentum fueling excitement.
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