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From Wall Street to AVAX: Avalanche Treasury Co. Eyes $1B Treasury Launch
Avalanche Treasury Co. (AVAT) has announced a $675 million business combination with Mountain Lake Acquisition Corp. (Nasdaq: MLAC), creating what could become the largest public vehicle for AVAX exposure. The deal includes about $460 million in treasury assets, with plans to list on Nasdaq in the first quarter of 2026, subject to approvals.