The investment was made through PayPal Ventures, the company’s venture capital arm, as part of Stable’s recent $28 million seed round that also included backing from Bitfinex and Hack VC.
Shares of the ETF are expected to list on a U.S. exchange under a ticker symbol yet to be disclosed. According to the filing, issuance and redemption will occur in blocks of 10,000 shares, known as baskets, settled either in cash or in Avalanche itself. The structure allows investors to gain direct exposure to AVAX without the complexities of managing wallets or private keys.
With more than 8,000 square meters of raw, flexible space, the venue’s high ceilings, towering pillars, and preserved kettles evoke both historic grit and modern energy—an apt metaphor for Bitcoin’s disruptive ethos. The move reflects not only the surge in ticket sales but also Bitcoin’s expanding role in Europe’s financial and regulatory discourse.
Previously, when Pi Network co-founder Dr Nicolas Kokkalis appeared in Consensus Toronto, the buzz was delivered, but not much that the wider public could measure.
Web3 once promised full remote freedom, but 2025 marked a turning point. Companies are shifting to hybrid work as teams grow, complexity rises, and trust demands face-to-face collaboration, reshaping the industry’s culture and career paths.
