Avalanche to Secure $1 Billion+ Treasury with Major US Deal Moves

The Avalanche Foundation is poised for a significant expansion of its financial infrastructure with plans to raise up to $1 billion through strategic partnerships in the U.S. This ambitious undertaking involves two key deals: one involving a merger with a NASDAQ-listed company, Hivemind Capital, and another utilizing a special-purpose acquisition company (SPAC) spearheaded by Dragonfly Capital. These initiatives aim to position Avalanche as a major player in global financial markets alongside established players like Ethereum and Solana.