FT. LAUDERDALE, FL / ACCESS Newswire / October 21, 2025 / Kaya Holdings, Inc. (OTCQB:KAYS) (the "Company" or "KAYS") confirmed that its newly formed cryptocurrency operating subsidiary is conducting ongoing discussions with cryptocurrency foundations and other entities/individuals through its representatives Thomas Gaffney of Conduit Advisors ("Thomas") and the team at Greentree Financial Group ("Greentree") to develop a strategy for becoming a Digital Asset Treasury Company ("DATCO"). Thomas is a seasoned ...

Core Insights - The Avalanche Foundation is reportedly seeking up to $1 billion in funding to establish dedicated treasury companies for its AVAX token, leading to a significant price increase for AVAX, which rose nearly 9% to $29, its highest level in seven months [1][2] Group 1: Funding and Market Performance - AVAX's performance has outpaced the broader top-20 crypto assets, which saw an average increase of 3% during the same period, placing AVAX among the top 10 gainers on CryptoSlate's list for September 11 [2] - Decentralized exchanges on the Avalanche network processed nearly $900 million in trading volume in the past day, marking the highest figure since March and ranking as the sixth-largest among all blockchain networks [3] Group 2: Treasury Companies Development - The Avalanche Foundation is in advanced discussions to create at least two digital asset treasury companies (DATCOs) focused on the AVAX token, with plans to raise up to $500 million through a private investment in a Nasdaq-traded company led by Hivemind Capital [4] - A second deal, structured through a special purpose acquisition vehicle led by Dragonfly Capital, aims to raise another $500 million, expected to conclude in October [5] Group 3: Market Impact and Trends - Proceeds from both fundraising efforts will be used to purchase AVAX tokens at discounted prices, which is anticipated to strengthen the token's market base and amplify interest in AVAX [5][7] - The trend of establishing treasury companies is growing in the industry, with Ethereum-focused treasury companies accumulating over 4.9 million ETH valued at $21.7 billion, and Solana DATCOs acquiring over 4.4 million SOL worth approximately $992 million [6]