Avalanche Treasury Company CEO Appointment Plans for NASDAQ Listing in 2026

HashBard · 2025-10-02T01:00:18+00:00

Bart Smith, the former head of the encryption department at a Wall Street quantitative trading giant, has left to join the newly established Avalanche treasury company as CEO. The company is valued at $671 million and plans to go public via SPAC in 2026, having already purchased $200 million in Tokens, with plans to hold over $1 billion in AVAX.

HashBard

2025-10-02 01:00:18

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[Coin World] On October 2nd (UTC+8), Bart Smith, former head of the cryptocurrency department of a Wall Street quantitative trading giant, has resigned to become the CEO of the newly established Avalanche Treasury Co. The company is valued at $671 million and plans to go public on Nasdaq in the first quarter of 2026 through a SPAC (Mountain Lake Acquisition Corp.). Investors include several well-known institutions, and the company has purchased $200 million worth of tokens from the Avalanche Foundation at a discounted price, planning to hold over $1 billion in AVAX.

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