Avalanche Foundation Plans Two $500M U.S. Crypto Funds to Buy AVAX
A billion-dollar bet on AVAX: the Foundation’s quiet coup
Word on the street is that the Avalanche Foundation—the non-profit outfit that keeps the Avalanche ecosystem humming—is about to drop one of the biggest “buy the dip” moves in crypto history. Two brand-new U.S. treasury vehicles are on the launchpad, and together they’re aiming to vacuum up roughly one. billion. dollars worth of native tokens.
Translation? The folks who know the most about AVAX are preparing to scoop millions of coins at a discount, lock them up, and probably sit on them until the next parabolic wave rolls in.
Two SPVs, two heavy-hitting partners
Here’s the play-by-play:
- Proposal #1 – Hivemind Capital: Nasdaq-listed shell, up to $500 M. Anthony “The Mooch” Scaramucci is rumored to be advising. Yes, that Scaramucci—the same guy who tweeted “Avalanche’s time is coming” last month and already counts Trade-size AVAX bags among his “high-conviction, high-quality” long-term holds.
- Proposal #2 – Dragonfly Capital: Classic SPAC-style structure, another $500 M target, likely closing after October.
Add both together and you get a treasury war-chest big enough to make even MicroStrategy blush.
Why this matters for everyday holders
Supply shock incoming.
When a non-profit foundation buys its own token off the open market and parks it in long-term vehicles, circulating supply shrinks. If demand even stays flat (spoiler: it usually rises when headlines like this hit), freshman-year econ kicks in—price goes up.
Plus, the discounted price offered to institutional buyers is still higher than most of us paid during the bear-market doldrums, so there’s limited down-side wicking once those coins leave exchanges.
Avalanche vs. Ethereum: the rematch
Remember when everyone called AVAX the “Ethereum killer”? The label faded once DeFi’s total value locked on Ethereum exploded past the $100 B mark. But Avalanche never stopped shipping tech.
- Sub-second finality.
- 1,000+ subnets already live.
- Nomad, Avalanche–Ethereum Bridge and Warp Messaging making cross-chain liquidity stupidly cheap.
A fresh billion in non-dilutive treasury ammo could underwrite incentives, grants, and subnet seed funding—exactly the kind of nitro the ecosystem needs to claw back mind-share from ETH Layer-2s and flashy competitors like Cardano or Remittix.
Market reaction: green candles ahead of the close
At pixel time AVAX is already up 6.6 %, tagging $28.77—its highest print in seven months. Volume is ripping on the daily, funding rates are flipping positive, and perpetual swaps are seeing a modest long bias. Not parabolic yet, but the fuse is lit.
The bottom line
Whether you’re a die-hard subnet validator or just a casual trader hunting the next rotation, keep this on your radar: the Avalanche Foundation is about to become its own biggest whale. If both SPVs close, roughly 3–4 % of circulating supply could disappear into treasury cold wallets—right as institution-friendly infrastructure and real-world-asset subnets come online.
Translation for the degen corner: fewer coins, more noise, higher bids.
Pack a parachute or pack a bigger bag—just don’t say you weren’t warned.
