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Stock impact report

Avalanche gets its own DAT with goal of $1 billion treasury [Yahoo! Finance]

Oxbridge Re Holdings Limited - Ordinary Shares (OXBR) 
US:NASDAQ Investor Relations: oxbridgere.com
Company Research Source: Yahoo! Finance
A new entrant is now applying that model to Avalanche. In an interview with TheStreet Roundtable , Bart Smith, CEO of Avalanche Treasury Company, outlined his rationale for building a vehicle dedicated solely to AVAX. “I was a big believer in Avalanche technology,” Smith said. “It mixes the DeFi benefits of blockchains but can also meet the needs of institutions and companies that want to implement this technology.” Related: Oxbridge Re CEO Jay Madhu says reinsurance could move onchain soon Why Avalanche? Smith said the decision followed consideration of other digital asset treasury opportunities. Avalanche's architecture — which emphasizes subnet customization and institutional compatibility — ultimately shaped the company's focus. Rather than simply accumulating tokens, Smith said the objective is to provide regulated exposure to Avalanche's ecosystem growth. The company has set a target of building a $1 billion AVAX treasury. Capital market strategy Avalanche Tre Show less Read more
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