Section · AVX — Nasdaq: AVX · CIK 0001826397
AVAX One.
The shell that pivoted. A failing ag-tech company was reversed into an AVAX treasury by a Hivemind-led PIPE of about $300M. It runs its own validators and pays its chairman’s fund to manage the tokens. For its twin, see Avalanche Treasury Corp, which has a section of its own.
02 — Operators
Runs its own infrastructure
Staking locks tokens with a validator, one of the computers that confirms transactions, in return for a yield. AVX’s twin outsources that to three named firms. AVX went the other way: Self-operated: “proprietary validator infrastructure”. It stakes for itself and says so repeatedly, in its own posts.
“We just launched our first public validator node on Avalanche. $AVX just transformed from a passive holder to an active, institutional participant.”
“AVAX One is currently staking more than 90% of its AVAX holdings. We expect to generate approx. 180,000 AVAX in staking rewards during Q1 2026 alone.”
“We stood up our own validator on Avalanche… Passive holder to active operator. That's the model.”
“Expanded the Company's Avalanche digital asset treasury to 14,091,424 AVAX tokens and equivalents… with approximately 95% actively staked, generating an annualized yield of approximately 5.4%. [Q2 release. Note the yield: about 6% claimed in March, 5.4% now]”
Also deployed roughly 829,989 AVAX into Treehouse's tAVAX, a BENQI-powered liquid-staking token, targeting about 6% yield (Mar 2026).
Close read — where the Treehouse AVAX goes
The Q2 10-Q describes the mechanism: “When the AVAX tokens are deposited in the Treehouse vault, the protocol automatically stakes the tokens into BENQI, minting sAVAX in return.” So roughly 800,000 AVAX of the “self-operated” treasury never touches AVX’s own validator. It is staked wherever BENQI’s validator set puts it. The move from “passive holder to active operator” is true for most of the treasury. For this slice, the operator is a protocol the company does not run.
Where the claims stop helping
In-house or not, the disclosure stops where its twin’s does: no NodeID, no wallet address. A NodeID is the public identifier of a validator on Avalanche. Knowing that AVX runs “its own” validator does not tell you which one, because the company never published an ID. Its posts describe the structure and the chain shows the mechanics. Neither supplies the join key that would connect the two.
One filed number did break through: the exact Treehouse deposit, which identified AVX’s wallet as the holder of 97.6% of all tAVAX. That deposit is traced in The Deposit.