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Avalanche Treasury Co. Plans $1 Billion Investment and SPAC Deal to Boost AVAX Ecosystem
CryptocurrencyAvalancheUpdated 10 hours ago

Avalanche Treasury Co. Plans $1 Billion Investment and SPAC Deal to Boost AVAX Ecosystem

Avalanche is making significant strides with Avalanche Treasury Co. planning a $675 million SPAC deal and aiming for a $1 billion investment in AVAX tokens. This initiative is expected to enhance institutional access to the AVAX ecosystem, reflecting growing confidence in blockchain technology. Following these announcements, AVAX's price surged, indicating strong market interest and potential for increased adoption in the financial sector.

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