Avalanche Treasury Co. (AVAT), a digital asset treasury firm backed by the Avalanche Foundation, will go public through a $675 million merger with Mountain Lake Acquisition Corp. (MLAC), aiming to build over $1 billion worth of AVAX tokens in its 0 agreement brings around $640 million in treasury assets and creates one of the largest public offerings for AVAX 1 new company is expected to be listed on Nasdaq in the first quarter of 2026, subject to approval by regulators and 2 signs a $675M merger with Mountain Lake MLAC is listed on Nasdaq as a special-purpose acquisition company (SPAC) because its sole purpose is to merge with or acquire another business, allowing the new business to join the stock market more 3 to the company, it sold shares to private investors and raised about $460 million in treasury assets to support the new company after the 4 large pool of capital is meant for Avalanche Treasury 5 hold and manage AVAX on behalf of large 6 Treasury 7 also be able to buy $200 million worth of AVAX tokens at a discount through the partnership.
What’s more, AVAT will have the first right to buy more tokens directly from the Foundation whenever it needs them for the next eighteen 8 means AVAT investors may be able to get cheaper access to AVAX compared to buying tokens directly, buying into AVAX exposure at a 0.77 times net asset value multiple, which is a 20% discount compared to the normal 9 public listing strengthens Avalanche Treasury and grows the AVAX AVAT aims to utilize these tokens in projects and provide investors with a clear path to generate 10 company plans to focus on three key areas, including protocol investment , where AVAT will support major components of the Avalanche 11 second area involves working with large businesses that develop tokens, such as stablecoins, and platforms that integrate real-world assets, including property or financial products, onto the Avalanche 12 smartest crypto minds already read our 13 in?
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