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Skadden, Arps, Slate, Meagher & Flom LLP serves as legal counsel to Avalanche Treasury Co. with a team led by Lorenzo Corte, Ryan Dzierniejko, Angelo Malvestio, Danielle Haddad, and others.
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Davis Polk & Wardwell LLP advises PJT Partners and Barclays, who acted as joint financial advisers and placement agents.
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Sidley Austin LLP, led by Lilya Tessler, Sonia Gupta Barros, and David Stewart, represents the Avalanche Foundation, a nonprofit committed to expanding the blockchain’s reach.
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Ellenoff Grossman & Schole LLP, guided by Douglas Ellenoff and Stuart Neuhauser, advises Mountain Lake Acquisition Corp.
Capital Deployment and Ecosystem Growth
According to the announcement, Avalanche Treasury Co. plans to deploy capital directly into the Avalanche network, funding protocol improvements, enterprise collaborations, and project launches. It will also provide liquidity and resources to accelerate transaction growth and expand adoption across industries.
Crypto treasury firms like Avalanche Treasury have seen a meteoric rise as public entities increasingly pivot to digital asset accumulation strategies. These companies aim to give investors regulated, transparent pathways into blockchain ecosystems — a bridge between traditional finance and Web3 innovation.
