Avalanche to Build Two AVAX Reserve Firms, Plans to Raise $1B: Report

Avalanche Foundation is reportedly planning to raise approximately $1 billion via two cryptocurrency-hoarding vehicles in the ￰0￱ Financial Times reported Thursday that the non-profit group is in talks with investors to establish two AVAX reserve ￰1￱ familiar with the matter told the publication that the funds raised will be used to purchase “millions of AVAX.” “Avax would be available from Avalanche Foundation at a discounted price,” the sources said, declining to comment further. Hivemind, Dragonfly to Lead Avalanche Treasury Vehicles – Serious Institutional Conviction Imminent The first vehicle, led by Hivemind Capital, plans to raise $500 million through a private placement of a Nasdaq-listed ￰2￱ Scaramucci, crypto investor and founder of SkyBridge Capital, is serving as an advisor on the deal, the report ￰3￱ has been part of similar large-scale crypto efforts before, and his advisory role brings public attention to the ￰4￱ deal is likely to be finalized by September end, the FT report ￰5￱ second deal is a $500M special purpose acquisition company (SPAC) launched by the global blockchain investor Dragonfly ￰6￱ deal would likely not conclude until October, it ￰7￱ structures enable quick capital deployment and possible mergers, speeding up the Avalanche ecosystem’s ￰8￱ to FT, Avalanche Foundation is in talks with investors to set up two US “digital asset treasury” companies, aiming to raise $1B to buy millions of AVAX at a ￰9￱ first, led by Hivemind Capital, seeks up to $500M via a Nasdaq-listed firm with crypto investor and… — Wu Blockchain (@WuBlockchain) September 11, 2025 AVAX Signals Strong Bullish Momentum – Surges Over 7% The native token of the Avalanche blockchain has shown a strong bullish trajectory on Thursday, following the ￰10￱ rose 8.55% in the past 24h, outperforming its 7-day and 30-day trends.

Additionally, driven by DeFi platforms and memecoin activity, Avalanche processed 11.9M transactions in the past week. Besides, Avalanche is gaining traction among investment firms such as BlackRock, Apollo and Wellington Asset Management, which have tried tokenized versions of funds on ￰11￱ the technical front, AVAX is testing $27 resistance after forming a bullish double bottom ￰12￱ RSI at 69.99 shows room for upscale, confirming bullish ￰13￱ token is currently trading at $28.77 at press time, per CoinMarketCap data .