Finance
Avalanche Foundation Seeks $1B to Launch AVAX Treasury Firms in U.S.: Report
The Avalanche Foundation, the non-profit organization behind the Avalanche blockchain, is reportedly in advanced talks to raise $1 billion to establish two cryptocurrency treasury companies in the United States, according to the Financial Times. Avalanche blockchain aims to raise $1bn for crypto-hoarding companiesTwo vehicles will buy millions of Avax tokens