Avalanche Treasury Co. lists on Nasdaq, boosts AVAX access
6.7 Investments Avalanche Treasury Co. lists on Nasdaq as AVAT after a $675M SPAC merger, holding 15M AVAX tokens. It offers regulated Avalanche exposure and plans active ecosystem investments.
Avalanche Treasury Co. has completed a $675 million SPAC merger with Mountain Lake Acquisition Corp. and is now listed on Nasdaq under the ticker AVAT. The company holds approximately 15 million AVAX tokens, representing 3.5% of the circulating supply, and offers both institutional and retail investors a regulated way to gain exposure to the Avalanche ecosystem without directly purchasing AVAX. Unlike traditional passive treasury models, AVAT plans to actively allocate capital to staking, infrastructure, and decentralized applications, supporting the network's growth. This listing, achieved in collaboration with the Avalanche Foundation, marks a significant milestone in increasing Avalanche's visibility and regulatory credibility. Additional Nasdaq-listed products, such as AVAX One Technology Ltd. and ETFs from VanEck and Grayscale, are further expanding traditional investors' access to Avalanche. AVAT's proactive investment strategy is expected to accelerate ecosystem development and attract more institutional interest.
