Popular altcoin Avalanche (AVAX) received $250 million in investments from Galaxy and others, Forbes reported. The report noted that Avalanche raised $250 million in funding through a private token sale that involved more than 40 companies, including Galaxy Digital, Dragonfly, and ParaFi. The Avalanche Foundation's last similar token sale was in December 2021, when it raised $230 million. AVAX rose following the news. *This is not investment advice. Continue Reading: JUST IN! Popular Altcoin Avalanche (AVAX) Receives 250 Million Investments, Price Starts to Rise!