Anthony Scaramucci supports the AVAX financial initiative, which will raise a fund of $550 million.

AVAX has just gained a high-profile supporter. Anthony Scaramucci, founder of SkyBridge Capital, is backing a plan to create AVAX One, a Nasdaq-listed vehicle aimed at raising $550 million to purchase Avalanche tokens and establish a public market AVAX treasury. AgriFORCE Growing Systems (AGRI) will be renamed AVAX One, with financing led by Hivemind Capital, and Scaramucci will serve as co-chair of the advisory board alongside Brett Tejpaul (Coinbase Institutional head). For Gate readers interested in airdrops, the crypto market, and on-chain finance, this provides a concrete institutional demand engine for AVAX—not just a headline.

###Avalanche Coin News

The company's transformation revolves around a two-step financing plan: a $300 million PIPE (subject to shareholder approval) plus up to $250 million in additional equity-related capital raising. Its stated objective is to accumulate over $700 million in Avalanche tokens over time, making AVAX One the first publicly traded financial company on Nasdaq dedicated to Avalanche tokens. The announcement triggered a strong reaction in the stock market, with AGRI shares soaring during the trading day as investors absorbed this Avalanche-focused strategy.

Who is involved in (Avalanche): This initiative is led by Hivemind Capital, founded by former Citigroup executive Matt Zhang. Anthony Scaramucci will lead the strategic advisory committee; Brett Tejpaul has also joined the advisory group. A number of crypto-native and institutional participants have expressed support, emphasizing the belief in AVAX as the core infrastructure of on-chain finance.

Why This Matters ( Avalanche Coin ): A publicly listed company with a mandate to accumulate Avalanche Coin (AVAX) has launched a stable, programmatic buy-side strategy that deepens liquidity, improves price discovery, and provides traditional investors who prefer stocks over self-custody access to the theoretical stock market of AVAX. This also complements the efforts of Avalanche Coin in tokenization and capital market infrastructure, where AVAX powers fees and staking.

###AVAX: Anthony Scaramucci Praises Avalanche Coin

Scaramucci has publicly regarded tokenization as the financial theme of the next decade, pointing out that the flexibility and tools of Avalanche (AVAX) are reasons for establishing a financial company focused on AVAX. At the same time, Matt Zhang of Hivemind has been selected for a leadership role in the restructuring company, highlighting the combination of traditional finance and cryptocurrency expertise to guide the AVAX strategy.

How the AVAX One plan operates (AVAX):

• Disciplined Avalanche Coin accumulation: phased purchases to increase capital, optimize entry, and avoid market impact.
• Pure Avalanche Coin Exposure: Provides a listing tool that directly tracks the upward movement of the Avalanche Coin ecosystem instead of a diversified cryptocurrency treasury.
• Based on Avalanche Coin: Over time, evaluate acquisitions (e.g., fintech/insurance) to migrate operations to subnets and AVAX tracks, enhancing real-world use.

###Avalanche Coin Financing Plan Details

$300M PIPE + $250M equity-linked (Avalanche): The company disclosed a PIPE of approximately $300 million - pending shareholder approval - combined with a "recent" equity-linked financing of up to $250 million. In total, this will support the target to hold over $700 million of Avalanche, aiming to make AVAX One a foundational participant in the Avalanche chain economy.

Part of the broader $1 billion Avalanche architecture: The AVAX One plan aligns with the report, and the Avalanche Foundation is assisting two U.S. entities with the goal of acquiring approximately $1 billion worth of AVAX (one through a Nasdaq-listed company led by Hivemind; the other through a SPAC backed by Dragonfly), which is expected to be purchased directly from the foundation according to the negotiated terms. AVAX One corresponds to the first part of this structure.

###Avalanche Coin Market Impact and Price Background

The stock market reacted quickly - AGRI surged significantly when the AVAX treasury story was reported - while AVAX itself moved amid broader cryptocurrency fluctuations. However, the more lasting gain is not the spike on the first day; rather, it is the multi-quarter programmatic demand that a dedicated AVAX treasury can bring.

Current AVAX price: Reported in the range of $30, with a moderate upward trend and significant volatility.

###Avalanche Coin Ecosystem Background

Avalanche has attracted more and more developers and users in the areas of gaming, payments, and tokenization pilots—where subnetworks and predictable finality are advantages. The institutional narrative around tokenization and permissioned chains has brought AVAX into discussions of capital market infrastructure, reinforcing the logic of accumulating AVAX in national treasuries during the process of building real-world integrations.

###The Impact of Avalanche Coin on Airdrop Hunters and Cryptocurrency Learners

• Structural demand for Avalanche coins: A listed buyer with treasury authorization supports ongoing buying depth - very useful during risk-averse periods or unlocking events.
• Ecosystem Incentives (AVAX): More liquidity and attention can catalyze tasks, testnets, and rewards priced in Avalanche tokens, as new teams launch on Avalanche.
• On-chain financial flywheel (Avalanche Coin): Accumulation and potential staking enhance the validator economy and align treasury holders with network health.

###AVAX on Gate: How to Position as a Gate User

• Spot and Conversion (Avalanche Coin): Establish core Avalanche Coin allocation; consider dollar-cost averaging around news headlines related to finance to smooth entry.
• Grid Trading (Avalanche Coin): While the narrative development of Avalanche Coin's treasury is ongoing, automated buy/sell ranges.
• Futures (Avalanche Coin): Suitable only for advanced users - engage in volatile trading around milestones, and strict risk control is required.
• Price Alert (AVAX): Track previous supply zones and key levels that may react to funding updates.
• Gate Learn ( Avalanche Coin ): A deep dive into tokenization, subnets, and risk management to refine your Avalanche Coin investment thesis.

###AVAX Risks and Upcoming Concerns

• Financing risk (Avalanche Coin): A $300 million PIPE requires shareholder approval, and additional financing depends on the market; terms, timing, and amounts may vary.
• Execution Risk (AVAX): It takes time and interdisciplinary expertise to accumulate tokens, acquire them, and introduce operational business to Avalanche.
• Market risk (Avalanche coin): Cryptocurrencies and small-cap treasury stocks are highly volatile; correlation may rise sharply during pullbacks.
• Regulatory risk (Avalanche Coin): Changes in securities or crypto policies may affect structure, speed, or disclosure.

Milestone tracking ( Avalanche Coin ):

1. End of shareholder voting/PIPE.
2. Initial Avalanche Coin Purchase Disclosure (scale and cost basis).
3. Regarding the updates on the SPAC portion supported by Dragonfly, a structure valued at approximately $1 billion.

###Bottom Line ( Avalanche Coin )

With Anthony Scaramucci supporting the launch of AVAX One and planning to raise $550 million to purchase AVAX, Avalanche has gained a public market tool aimed at the large-scale accumulation of AVAX. If the plan is executed, it will introduce stable, institutional-level demand, complementing Avalanche's tokenization and capital market objectives. For Gate users, the operating manual is simple: maintain discipline, prudently adjust positions, and utilize Gate's AVAX tools to participate in the narrative shifting towards a balance sheet argument.