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490d 2h ago

Galaxy Digital Sets Up $30M AVAX Investment Fund with 3-Year Lock-Up & $26M AVAX Fund with 2-Year Lock-Up

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Avalanche
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**Galaxy Digital Establishes Two AVAX Investment Funds**

Galaxy Digital has announced the creation of two sizeable investment funds focusing on Avalanche’s AVAX token. The first fund, amounting to $30 million, comes with a three-year lock-in period. In addition, the firm has introduced a second investment fund valued at $26 million, featuring a two-year lock-in period. This strategic move underscores Galaxy Digital’s confidence in the long-term potential of AVAX and the broader Avalanche ecosystem.

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    Galaxy Digital Sets Up $30M AVAX Investment Fund with 3-Year Lock-Up & $26M AVAX Fund with 2-Year Lock-Up - Breaking News