Avalanche Treasury Lists AVAT on Nasdaq via $675M SPAC Merger Deal

TLDR AVAT begins trading on Nasdaq after a merger with Mountain Lake Acquisition Corp. The SPAC transaction values Avalanche Treasury at $675 million. The firm targets exposure to the Avalanche ecosystem without direct AVAX purchase. Avalanche Treasury deploys capital into staking, infrastructure, and applications. The company holds about 15 million AVAX, equal to 3.5% of [...]

The post Avalanche Treasury Lists AVAT on Nasdaq via $675M SPAC Merger Deal appeared first on Blockonomi.