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[BUSINESS] · United States · 4 sources

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Avalanche ecosystem sees growth in tokenized stocks and corporate activity

Avalanche (AVAX) is experiencing renewed market momentum, driven by its expanding role in the tokenized equity sector. Data indicates the Avalanche network recently saw the highest single-day growth in tokenized equity market capitalization, increasing by $5.7 million and surpassing BNB Chain’s $5.4 million growth.

Concurrently, Avalanche Treasury Company (Nasdaq: AVAT), a publicly traded firm focused on the Avalanche ecosystem, reported its second-quarter 2026 financial results. Following its recent business combination and Nasdaq listing, the company announced that its Board of Directors approved a $10 million share repurchase program for Class A stock.

As of the end of the second quarter, Avalanche Treasury Company held approximately 15.3 million AVAX, valued at roughly $100 million. The company also reported $1.5 million in net staking revenue for the quarter, contributing to a first-half total of $3.6 million.

Entities

Avalanche · Avalanche Treasury Company · Bart Smith · Nasdaq