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COINTURK NEWS > Avalanche (AVAX) > Galaxy Digital Creates $26 Million AVAX Fund
Avalanche (AVAX)

Galaxy Digital Creates $26 Million AVAX Fund

In Brief

  • Galaxy Digital announced a $26 million AVAX fund.

  • The fund will be locked for two years, exciting investors.

  • AVAX price rose to $21.34 following the news.

COINTURK NEWS
COINTURK NEWS 9 months ago
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As the rise in the crypto market continues, investment news keeps making headlines. Accordingly, the capital fund company Galaxy Digital announced that it has created a $26 million AVAX fund. This fund will be locked for two years, and this development has managed to create great excitement among investors.

Capital Company Takes AVAX Step

According to the statement made by Galaxy Digital, the investment company has created a $26 million AVAX fund, and this fund will be locked for two years. The company’s CEO, Michael Novogratz, announced in recent weeks that the company would invest $150 million in the crypto market, which had already created excitement.

With this development coming to the fore, the AVAX price started to rise. Trading at $21.29 with a 4.41% increase in the last 24 hours, AVAX rose to $21.34 in the last minutes. This development being on the agenda and the company’s potential moves may help the AVAX price gain momentum.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 12 August, 2024 - 7:20 pm 12 August, 2024 - 7:20 pm
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