Key Highlights Avalanche Foundation targets $1 billion through two investment 0 to buy AVAX tokens at discounted 1 Capital and Dragonfly Capital lead strategic 2 Foundation Plans Major Investment in AVAX The Avalanche Foundation, the nonprofit behind the Avalanche blockchain, is preparing to launch two investment vehicles in the United States, according to the Financial Times , citing people familiar with the 3 foundation aims to raise about $1 billion and expects both deals to close within a few 4 raised funds will be used to purchase millions of AVAX tokens, with investors able to acquire the coins directly from the Avalanche Foundation at discounted 5 of the Investment Structures The first investment vehicle plans to raise up to $500 million through private investment, supervised by Hivemind 6 advisor Anthony Scaramucci, a crypto investor and former White House press secretary, is assisting with the 7 second vehicle is structured through a SPAC sponsored by Dragonfly Capital and also targets $500 8 note that this deal may not finalize until 9 companies will initially purchase AVAX directly from the Avalanche Foundation at discounted 10 the time of writing, AVAX is trading around $29.
The dual investment strategy is expected to provide strong market support and liquidity for AVAX, while positioning the Avalanche Foundation as a key player in US blockchain 11 predict that these moves could accelerate adoption of Avalanche’s ecosystem and increase investor confidence in the long-term value of AVAX tokens.
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