UAE’s M2 Capital Invests $21 Million In Nasdaq-Listed AVAX One

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M2 Capital Limited, the investment arm of the UAE-based M2 Group, has announced a $21 million strategic investment into AVAX One Digital Asset Treasury. AVAX One is a Nasdaq-listed company and the first fund management firm dedicated to staking AVAX, the native token of the Avalanche blockchain ecosystem. This move underscores M2 Capital’s commitment to fostering the growth of regulated digital assets across the Middle East and North Africa.

A Strategic Push Into Institutional Blockchain

This investment is a key component of M2 Capital’s long-term strategy to connect global blockchain innovation with the increasing regional demand for regulated digital asset solutions. The $21 million infusion into AVAX One is the latest in a series of strategic initiatives aimed at supporting the development of institutional-grade blockchain infrastructures. This follows the firm’s recent investments into the Sui Treasury and the Ethena platform, signaling a strong focus on building a robust digital asset portfolio.

Bolstering the Avalanche Ecosystem

The investment aims to significantly enhance the Avalanche ecosystem, a high-speed blockchain network specifically designed for institutional finance. With a market capitalization of approximately $12 billion, Avalanche is ranked among the top 15 cryptocurrencies globally, known for its scalability and efficiency. AVAX One, formerly known as AgriFORCE Growing Systems, is part of a larger $300 million fundraising effort and intends to hold over $420 million in AVAX tokens on its balance sheet.

About M2 Capital

M2 Capital Limited is the specialized investment division of the UAE-headquartered M2 Group. The firm focuses on making strategic investments in high-growth sectors, with a particular emphasis on digital assets and blockchain technology. Its mission is to bridge cutting-edge global innovation with the rapidly expanding market opportunities within the MENA region, supporting the development of a regulated and sophisticated digital economy.

Source: Jawlah

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