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Scaramucci-backed AVAX One brings Avalanche treasury to Nasdaq
Jun 11, 2026
< 1 min read
by Jai Hamid
for CryptoPolitan
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Avalanche Treasury will begin trading on Nasdaq under the ticker AVAT on Thursday, representing an exchange listing for an AVAX-linked treasury instrument tied to AVAX One. With chairman Anthony Scaramucci and CEO Bart Smith (ex-Susquehanna and AllianceBernstein) and a declared active management approach rather than a passive “buy token, sit back” strategy, the move could accelerate crypto adoption, institutional access and fundraising for AVAX-related assets while signaling tighter ties between traditional markets and DeFi/crypto.
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The Avalanche Treasury will trade on the Nasdaq under the stock code AVAT on Thursday and is associated with AVAX One, whose chairman is Anthony Scaramucci, while its CEO is the ex-Susquehanna and AllianceBernstein (NYSE: AB) professional Bart Smith, and he claims that AVAT is not a “buy token, sit back, pray” play. This will...
