Alea Research
Alea Research
AVAX+3.43%
BTC+3.75%
USDT-0.11%
1/ Another step in Avalanche’s RWA positioning as the rails for tokenizing RWAs Institutional flows into Avalanche are picking up Mirae is Asia’s largest asset manager with with $316bn AUM 🧵
Avalanche🔺
Avalanche🔺
Avalanche is adding a $316B giant to its institutional ecosystem. 🔺 Mirae Asset Global Investments, one of Asia’s largest asset managers, signed an MOU with Ava Labs at KBW to pioneer fund tokenization and on-chain fund operations.
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2/ Context on price action $AVAX itself came out strong in recent weeks but lost momentum heading into the weekend Momentum needs to come back, and two catalysts could do it: - DATs: create more price-insensitive spot demand - Spot ETFs: additional institutional inflows
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3/ - Best case Scenario: DAT and ETF timelines align and reinforce flows into AVAX - Worst case Best case Scenario: BTC weakness dominates and pressures AVAX regardless of headlines The setup is asymmetric
4/ But everything still comes down to BTC’s next moves We’re heading into Q4, historically decisive, the breakout here will dictate how the quarter plays out
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