Wall Street Giants Pivot to AVAX: Avalanche Treasury Co. Targets $1B Crypto Treasury Launch
Avalanche makes its boldest institutional play yet—launching a billion-dollar treasury that could redefine corporate crypto adoption.
From Traditional Finance to Digital Assets
Avalanche Treasury Co. bypasses conventional investment routes, deploying capital directly into its native ecosystem. The $1B allocation marks one of the largest corporate treasury moves in crypto history.
Institutional Validation Accelerates
Wall Street veterans drive the initiative, seeing AVAX as digital gold 2.0. They're betting traditional treasury management can't compete with crypto-native yields—though skeptics wonder if this is just another case of finance professionals chasing yesterday's returns.
When billion-dollar funds flow into crypto, even the most cynical bankers start paying attention—usually just in time to miss the next wave.
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In the regular trading session, all major U.S. stock indices closed higher, driven by hopes that the funding stoppage WOULD be brief and minimize any serious economic damage. The S&P 500 rose about 0.3% to close at a record high. Also, the Nasdaq Composite and the Dow Jones gained 0.4% and 0.1%, respectively.
It is important to note that key economic data, including the September nonfarm payrolls, will not be released as the Labor Department and other agencies are impacted by the government shutdown.
