Galaxy Digital establishes $26M AVAX investment vehicle with a 2-year lock-up and over 40% discount.
The Galaxy Digital Locked AVAX (2-Year) Series fund is structured as a Delaware limited liability company. As the name suggests, the AVAX tokens acquired will be subject to a strict 2-year lockup period before they can be sold or transferred.
The fund lists Galaxy DBL LLC, an affiliate of Galaxy Digital, as its manager and promoter. Key executives listed include Jason Urban as CEO and Frank Falco as Chief Compliance Officer.
