Avalanche Treasury Co. dropped 38.1% to $1.85 on its Nasdaq debut following a $675 million SPAC merger. The company plans to acquire over $1 billion worth of AVAX tokens and invest in Avalanche ecosystem development, including validator infrastructure and enterprise partnerships. Despite the stock decline, the Avalanche token (AVAX) rose 1.27% to $6.66. The firm aims to support long-term growth and institutional finance on the Avalanche network, backed by experienced leadership and major crypto investors.
Bitwise CIO Matt Hougan reports that financial advisors remain interested in crypto but are increasingly focusing on stablecoins and tokenization rather than Bitcoin. This shift reflects advisors' growing interest in real-world applications of crypto...
Financial advisors are shifting their focus from Bitcoin to stablecoins and tokenization, driven by blockchain's growing practical applications in payments and capital markets. Despite the bear market, interest in crypto remains strong, with advisors...
Bitwise CIO Matt Hougan reported that financial advisors are increasingly interested in stablecoins and tokenization rather than just Bitcoin, based on recent discussions with over 40 advisory teams. This shift reflects a growing focus on practical c...
The 2026 FIFA World Cup, the largest ever with 48 teams and 104 matches, features key crypto partnerships with Kraken, Chiliz (CHZ), and Avalanche (AVAX). Kraken is the official crypto exchange supporter aiming to increase crypto adoption among fans,...
Major proof-of-stake networks saw a decline in staked market capitalization last week, with Cardano experiencing the largest drop at 22.19%, falling to about $3.6 billion. Meanwhile, BNB Chain improved its staking metrics, posting the highest real yi...
