BlockBeats News, June 12th, AVAX Treasury Company Avalanche Treasury was listed on Nasdaq on Thursday under the ticker symbol AVAT. Previously, the company merged with Mountain Lake Acquisition through a SPAC, with a transaction size of $675 million. Avalanche Treasury's core strategy is to actively allocate capital to the infrastructure and applications in the Avalanche ecosystem, rather than just holding AVAX. The company currently holds approximately 15 million AVAX, representing around 3.5% of the circulating supply.