Anthony Scaramucci, the man who could probably sell ice to a polar bear, is now shilling for Avalanche Blockchain. Because who doesn’t want a former White House communications director telling you where to put your crypto money? 🤷♂️
He’s a lawyer, banker, and media pro-basically a human Swiss Army knife. Which is perfect for explaining why blockchain is the future. Or maybe just perfect for making a PowerPoint about it. 📊
Avalanche Platform and Subnet Functionality
In a September 22 interview with CNBC, Scaramucci called Avalanche a “Swiss Army knife of Layer-1 blockchain platforms.” Because nothing says “cutting-edge tech” like comparing yourself to a multi-tool you use to open beer cans. 🛠️✨
Avalanche’s subnet feature lets companies build custom blockchains for tokenized funds, securities, and more. Because why not let businesses play with their own digital Legos while the rest of us try to figure out how to send a text? 🧱
Enterprise Adoption and Market Perspective
Scaramucci dropped names like BlackRock and Visa, who are on board with Avalanche. Because major institutions adopting a platform = instant credibility. Or maybe it’s just a game of hot potato with the next crypto fad. 🍌
Enterprise adoption is a “practical measure of long-term viability,” according to analysts. Which is code for “we’re throwing money at this and hoping it sticks.” 💰
Scaramucci is doubling down on Avalanche. After $300M in tokenized hedge funds, he’s now a strategic advisor for AVAX One-a $550M AVAX treasury with Hivemind Capital. Because why not take your $300M and just… add another $250M? 🤑
– Avalanche🔺 (@avax) September 22, 2025
While hyping Avalanche, Scaramucci still loves Bitcoin, projecting a 2025 price of $180k-$200k. Because nothing says “cautious” like predicting a 500% surge. 🤷♂️ His investment strategy? Platforms with “strong technical capabilities” and “practical enterprise apps.” Translation: “This isn’t a scam… probably.”
Avalanche’s low-latency transactions and customizable subnets are a dream for banks and payment processors. Because nothing says “efficiency” like replacing Excel with code you don’t understand. 📊
Recent Developments and Institutional Expansion
Avalanche’s plotting to raise $1B via two U.S. crypto treasuries. Because why not throw a billion-dollar party when you’re already halfway there? 🎉 The first deal: $500M from Hivemind Capital. The second: a $500M SPAC backed by Dragonfly Capital. Completion expected by October. Because nothing says “trust us” like a timeline as flexible as a yoga instructor’s. 🧘♂️
These funds will buy AVAX at discounts from the Avalanche Foundation. Because nothing says “investment” like getting a sale on digital ledger real estate. 🏡
AVAX is up 3.7% in a day. Because nothing says “I’m a good investment” like riding the crypto rollercoaster. 🎢 At $33.18 as of September 23, it’s a 27.5% gain over a month. Which is either a miracle or a really good PR team. 🎉
This has everyone from Wall Street to your aunt Carol checking out Avalanche. Because nothing brings people together like the shared joy of losing money. 💸
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2025-09-23 08:22