Core Insights - BTG Pactual's crypto platform Mynt has identified five cryptocurrencies—bitcoin (BTC), ether (ETH), solana (SOL), avalanche (AVAX), and sky (SKY)—as promising for October, reflecting optimism in the crypto market due to easing U.S. interest rates and anticipation for new crypto ETFs [1] Bitcoin (BTC) - Bitcoin remains the leading choice for institutional investors, with over $3.5 billion invested in spot ETFs in September and corporate treasuries acquiring 43,000 BTC, valued at over $5 billion [2] - Mynt's report emphasizes BTC as a long-term investment due to its liquidity, network security, and established adoption beyond retail investors [2] Ether (ETH) - Ether is highlighted for its dominance in on-chain finance, with significant stablecoin volume and real-world asset tokenization projects concentrated on its network [3] - In the past six months, U.S. spot ETFs have added $11.3 billion in ETH, and corporate treasuries acquired 816,000 ETH in September, indicating strong institutional interest [3] Solana (SOL) - Solana's appeal is based on its speed and cost efficiency, processing over $100 billion in decentralized exchange volume for three consecutive months, with total value locked exceeding $30 billion [4] - The potential introduction of new spot SOL ETFs is expected to increase institutional demand and visibility [4][5] Avalanche (AVAX) - Avalanche has seen a 46% increase in daily transactions and a 421% rise in stablecoin transfers over the last quarter, indicating robust growth in on-chain activity [5] - Its subnet architecture allows enterprises to create custom blockchains, enhancing real-world applications [5] Sky Protocol (SKY) - Sky Protocol, formerly MakerDAO, features a stablecoin (USDS) with a circulating supply of nearly $8 billion and offers a Sky Savings Rate of 4.75% [6] - The report positions SKY as a revenue-generating DeFi token with long-term potential, supported by a token buyback program that has already deployed $77 million [6]

Company Overview - AgriFORCE Growing Systems (AGRI) is rebranding as AVAX One and is launching a $550 million capital raise to become the first Nasdaq-listed company focused on acquiring avalanche (AVAX), the native token of the Avalanche blockchain [1] - The company aims to accumulate more than $700 million worth of AVAX, providing public investors with a professionally managed vehicle to gain exposure to the network, which secures $6.2 billion in staked assets [2] Leadership and Strategy - Anthony Scaramucci, founder of Skybridge Capital, joins as the head of the advisory board, emphasizing the importance of tokenization as a major theme for the next decade of finance [4] - Hivemind Capital founder Matt Zhang will chair the board, with plans to build the "Berkshire Hathaway of the onchain financial economy" by combining disciplined token accumulation with fintech acquisitions [3] Capital Raise Details - The capital raise includes a $300 million PIPE, pending shareholder approval, and up to $250 million in additional equity-linked offerings, with participation from notable investors such as ParaFi, Galaxy Digital, and Kraken [5] - Other participating investors include Big Brain Holdings, FalconX, Republic Digital, and several others, indicating strong interest in the capital raise [5] Existing Operations - AVAX One will continue to operate AgriFORCE's existing energy infrastructure business through its TerraHash Digital division [6]