News
Significance:
6/10

Avalanche Foundation eyes $1 billion to set up AVAX treasury firms in US: FT

https://www.theblock.co/post/370279/avalanche-foundation-1-billion-raise-avax-treasury

Danny Park

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bullish
The article mentions AVAX rising 10.17% in the past 24 hours and its use by major investment firms.
Bullish
The foundation is raising significant funds to establish treasury companies, indicating growth and adoption.