U.S. Treasury · Wall Street · The Block
AVAT fell 38.1% to close at $1.85 on its first trading day, according to Yahoo Finance
Compiled by KHAO Editorial — aggregated from 3 sources. See llms.txt for citation guidance.
✓ KHAO Verified
Meanwhile, AVAX (AVAX) rose 1.27% over the past 24 hours to trade at $6.66, though it remained down 33.7% over the past month, 's price page.
Key facts
- In October 2025, the company announced its merger deal with Mountain Lake Acquisition Corp
- AVAT fell 38.1% to close at $1.85 on its first trading day, according to Yahoo Finance, though the stock slightly rebounded 2.7% in after-hours trading
- Meanwhile, AVAX (AVAX) rose 1.27% over the past 24 hours to trade at $6.66, though it remained down 33.7% over the past month, 's price page
- According to the company, Avalanche has attracted more than $1.02 billion in institutional funds and facilitated the tokenization of over $1.65 billion in real-world assets, while supporting more
Summary
Avalanche Treasury Co., an AVAX-focused digital asset treasury firm, officially went public on Thursday following the completion of its $675 million merger with a crypto-aligned special purpose acquisition company. The company, trading on Nasdaq under the ticker symbol "AVAT," said on Thursday that it aims to accelerate Avalanche's growth and provide investors with an opportunity to "participate in the fundamental infrastructure shift toward blockchain. Bart Smith, CEO of Avalanche Treasury, said the company plans to allocate capital across the Avalanche ecosystem. "AVAT intends to deploy capital deliberately to compound Avalanche’s ecosystem value over time, much like a corporate treasury," Smith said in the statement. AVAT fell 38.1% to close at $1.85 on its first trading day, according to Yahoo Finance, though the stock slightly rebounded 2.7% in after-hours trading.