Avalanche Foundation, whose AVAX token is up 65% over the past week, raises $230M led by Polychain and Three Arrows Capital (Joanna Ossinger/Bloomberg)

Joanna Ossinger / Bloomberg:
Avalanche Foundation, whose AVAX token is up 65% over the past week, raises $230M led by Polychain and Three Arrows Capital  —  – Cryptocurrency AVAX jumps 65% in past week to top 20 rankings  — Polychain, Three Arrows Capital led the investment purchase