Per Woofun AI, Avalanche Treasury officially commenced trading on the NASDAQ exchange under the ticker symbol AVAT. This listing follows the company's completion of a Special Purpose Acquisition Company (SPAC) merger with Mountain Lake Acquisition, a transaction valued at $675 million.

Unlike traditional treasury vehicles that passively hold assets, Avalanche Treasury employs an active allocation strategy focused on infrastructure and applications within the Avalanche ecosystem. The firm currently holds approximately 15 million AVAX tokens, accounting for roughly 3.5% of the total circulating supply.