Ramping up Crypto Treasury Integration?
AVAX jumped 12% recently, primarily driven by the rise of Bitcoin, inside of institutional treasury initiatives. Is AVAX more important to institutional portfolios now? The Avalanche Foundation has taken the lead in raising up to $1 billion with strategic partners including Hivemind Capitol and Dragonfly Capital to distribute treasury management solutions.
How important are treasury initiatives in reducing volatility?
The concentration and potential token ownership in long-term, institutional-grade portfolios is critical at easing volatility for crypto projects like AVAX. The Avalanche treasury initiative buys back tokens to reduce circulating supply, which creates both a scarcity and a base.
The institutional approach decreases…
