- As of November 23, 2025, AVAX One’s treasury holds more than 13.8 million AVAX tokens
- The purchases signal the company’s deeper commitment to Avalanche’s long-term growth
- Key sectors include decentralized finance and enterprise-grade applications
AVAX One, a digital asset management firm focused on blockchain assets, has expanded its holdings of Avalanche’s native token, AVAX.
The accumulation followed the company’s recent rebrand and took place amid a broad market downturn.
Nevertheless, the move reflects growing institutional interest in digital currencies as a component of treasury portfolios.
Meanwhile, Avalanche (AVAX) has shown resilience trading above $12, driven by notable momentum in decentralized finance (DeFi) and enterprise-focused applications.
AVAX One boosts its Avalanche treasury holdings
Digital asset treasuries remain a defining feature of the crypto ecosystem even as some initial launch hype has cooled. Bitcoin, Ethereum, Solana and XRP are among the top tokens that have attracted billions in treasury allocations.
AVAX One’s latest disclosure marks another sizeable expansion by the digital asset treasury manager.
In a press release, AVAX One reported that it increased its AVAX holdings significantly.
Specifically, the firm raised its AVAX balance to exceed 13.8 million tokens.
Between November 5 and November 23, 2025, AVAX One purchased 9,377,475 AVAX at an average price of $11.73 per token. The total outlay for those buys was roughly $110 million. The accumulation was executed through systematic acquisitions over the prior weeks, positioning AVAX One as one of the largest institutional holders of Avalanche’s native cryptocurrency.
“Since launching our treasury strategy earlier this month, we have rapidly accumulated more than 13.8 million AVAX and completed our corporate rebrand — a decisive step that reflects our conviction in Avalanche’s high-speed, institution-grade blockchain built for the future of finance,” said Jolie Kahn, CEO of AVAX One. “We intend to remain opportunistic with our remaining cash as we evaluate additional AVAX purchases and repurchases of our own shares, both of which we believe represent attractive value at current levels.”
What the price outlook for Avalanche looks like
Growth in Avalanche’s real-world asset (RWA) use cases and continued DeFi development — alongside initiatives such as AVAX One’s treasury reallocation — have contributed to ecosystem expansion.
Increased liquidity and continued on-chain and off-chain adoption driven by treasury buyers can help shape token pricing dynamics.
AVAX’s price path in 2025 included a drop to a low near $15 in April, followed by a rally above $35 in September.
As of November 24, 2025, AVAX was trading around $13.30, positive on the day but down roughly 12% over the prior week. Bulls will seek a push through $14 and $15 to reinforce short-term upward momentum.
Broader market developments, including progress on ETF approvals and staking products, could prove meaningful for a sustained bull run.
AVAX One’s chairman, Matt Zhang, noted that current price levels may offer an attractive buying opportunity.
“Avalanche is rapidly becoming one of the foundational technologies shaping the future of global finance. Given the current market volatility, we believe this is an opportune time to accumulate AVAX and enhance shareholder value,” he said.
AVAX One’s sizable accumulation underscores the firm’s strategic focus on positioning its treasury in assets tied to long-term utility and adoption. For AVAX and the broader Avalanche ecosystem, institutional treasury activity like this can deliver both liquidity and market confidence as developers and enterprises continue to build on the network.