Report: Avalanche Foundation Seeks $1B for US Crypto-Treasury Vehicles

Avalanche Foundation is in talks to set up two U.S. cryptocurrency-treasury vehicles that aim to raise about $1 billion to buy AVAX, the native token of the Avalanche network, according to the latest report from the Financial Times (FT). FT Reports That Avalanche Aims to Expand Capital-Markets Role With $1B AVAX Plan The nonprofit behind []