September 29th 2026, 5:26 PM
Avalanche Token Soars Amid Goldman Sachs Investment
Key Summary
Goldman Sachs has allocated a $100 billion treasury fund to Avalanche's AVAX-based network, driving the token to a 6-month high, as institutional investment increases in DeFi markets.
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Key Findings
Goldman Sachs has allocated a $100 billion treasury fund to Avalanche's AVAX-based network.
The investment drives the token to a 6-month high, as institutional investment increases in DeFi markets.
Goldman’s FTIXX fund itself was not tokenized and remains an existing institutional fund.
The move is seen as a significant endorsement of Avalanche's capabilities and a boost to the project's adoption.
#Avalanche#GoldmanSachs#AVAX#DeFi#TreasuryFund