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-0.0125391849529781 -0.0297805642633229 -0.0118181818181818 -0.0242006269592476 -0.0924764890282133 -0.158307210031348 -0.119122257053292 -0.148918495297806
Stock impact report

Altcoin Spotlight: AVAX and BNB Gain Massive Institutional Backing [Yahoo! Finance]

AgriFORCE Growing Systems Ltd. - Common Shares (AGRI) 
Company Research Source: Yahoo! Finance
The major backing for the two altcoins came from two publicly-listed companies amid AVAX crashing more than 6% and BNB dropping almost 4% in the past 24 hours, according to CoinMarketCap. AVAX: First Publicly-Traded Avalanche-Focused Company AgriFORCE Growing Systems Ltd (AGRI) unveiled plans to rebrand as AVAX One, becoming the first NASDAQ-listed company dedicated to Avalanche. The company is preparing a $550 million capital raise strategy with the goal of accumulating over $700 million worth of AVAX tokens. AVAX One aims to be a public vehicle for investors seeking exposure to Avalanche, a blockchain that has already attracted top Wall Street players such as KKR, Apollo, and J.P. Morgan for tokenization projects, noted a press release. Two-Layered Strategy Currently secured by $6.2 billion in staked assets, Avalanche is increasingly viewed as an institutional-grade settlement layer for the next generation of finance. CEO Jolie Kahn said that Avalanche is reshaping gl Show less Read more
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