.
@paulbarrontv features
@Scaramucci and
@zhang_matt as they break down
@avax 's institutional rise, its Subnet architecture, and the future of the AVAXONE treasury .
Let’s take a look at what was discussed. 👇👇
Here is the direct English translation of the text you provided:
Intro: Paul Barron’s Market and Avalanche Analysis
Paul Barron: We are going to do a breakdown on Avalanche as the markets are melting down. Although Avalanche is one of the hardest hit, there are important points to look at. Before bringing in our guests, I want to go over these:
Stablecoin Market Cap: Continuing to climb on Avalanche. This is a metric suggesting we will see a major forward move once the price stabilizes.
Transaction Counts: Monthly transaction counts are continuing to increase while active addresses are stabilizing. This is generally good news.
RWA (Real World Assets): Avalanche is maintaining the 3rd spot on the league table, which is a sign of growth.
Japan Yen Volume: We are seeing volume starting to shift from Polygon to Avalanche. This is intriguing regarding where the market might go alongside the unwindings in Japan.
Staking and Fees: High staking ratios continue. When moving assets from places like Coinbase, Avalanche is still in the leading position regarding transaction fees (lowest fees).
Gaming (Game Awards): The game "Off the Grid" swept the awards, including Best Action Game. This is a slam dunk for Web3 gaming. (
@playoffthegrid )
So, to discuss what else could be bullish for Avalanche, we are bringing Anthony Scaramucci and Matt Zhang onto the show.
Q&A Section
Question 1 (Paul Barron): Anthony, let’s start with you. Many people currently view Avalanche as an underrated chain. Why is SkyBridge so bullish on AVAX?
Answer (Anthony Scaramucci): First of all, I liked the intro analysis, but I want to emphasize this to everyone: We experienced a tsunami hitting the markets starting October 10th. This blew everything up.
#Bitcoin dragged down
#Solana,
#Avalanche, and others. The real question here is:
Are Avalanche’s fundamentals sound? Yes, you just presented that.
Is there institutional adoption? When Fortune 50 companies think about tokenizing their assets, equities, or bonds, do they think of Avalanche? Answer: Yes.
L1 Technology: Matt is more of an expert on this, but on Avalanche, you can do customizations that you can't do elsewhere. I am an old guy in this industry. What will my peers (late 50s, mid-60s) adopt? They will adopt things they can customize rather than generic things. That is why Avalanche will be a big part of the future story. This correction might be born from excess leverage or a market maker liquidation, but the trajectory is in our direction. This is a buying opportunity.
Question 2 (Paul Barron): Matt, regarding the Treasury strategy (Avax One -
$ABX ), what are you doing differently from others?
Answer (Matt Zhang): As Hivemind, we have decades of Traditional Finance (TradFi) experience. We always approach blockchain with fundamental analysis. We looked at over 100 tech companies this year. At the beginning of the year, we turned down 4-5 foundations that came to us to manage their treasury structures. However, when the Avalanche team reached out in the summer, we wanted to work with them because we have known the team for years. We believe their chain combines what blockchain is actually supposed to do "real world utility" with the right Subnet designs. I quickly called Anthony, and Avax One (Nasdaq ticker: ABX) was born. The goal is simple and two-layered:
Token Accumulation: Accumulating AVAX tokens to increase the amount per share for our shareholders.
Having a Soul (Business Model): This is what differentiates us from other debt/treasury models. We want to build a future-proof business model. With shareholder approval, we are doing this: Finding undervalued Web2 fintech companies (remittance companies, payment companies, regional banks), and selectively acquiring them. This gives us cash flow and real profit. Thus, our company is valued on enterprise value, not just book value. Afterward, we bring these companies onto the Avalanche system to support the token and the ecosystem.
Question 3 (Paul Barron): Anthony, Wall Street is currently focused on tokenization and RWAs. However, Digital Asset Treasuries (DATs) have lost huge value (some down 96%). Do you think this model is experiencing an unwind?
Answer (Anthony Scaramucci): You shouldn't throw the baby out with the bathwater. Yes, some DATs are down 96% because they weren't designed correctly in the beginning. When the tide goes out, you see who is swimming naked. But Matt and I come from TradFi. We are looking at a tangible way to convert operating income from the token into accretive assets. These assets will also provide exponential earnings growth. This is at least a 2 to 5-year equity story. If you buy at this level now, you will benefit dramatically. When Coinbase went public, it was $400, then it fell to $80, and now it’s back to $400. Those who were brave enough to buy when everyone was badmouthing it won. This unexpected bear market we are experiencing is a wonderful opportunity for those who believe in long-term fundamentals like Avax One.
Question 4 (Paul Barron): Matt, is it hard to explain this strategy to investors who don't know the technology? How do you market it?
Answer (Matt Zhang): Remember the Dot-com bubble. Thousands of companies failed back then, but Google was born from that bubble. Looking back, we say "that was a bubble," but that doesn't mean the internet has no utility. On the contrary, we had an amazing 25-year internet era. The same will happen here. The current market needs to evolve. Many companies run by people without traditional finance experience, who barely know how to run an earnings call, will fail. As Avax One, we are one of the few (perhaps the only one) doing this with a full shareholder vote. We wanted to do everything the right way. We tell the story to the investor like this: We don't say "We are an Avalanche treasury." We say: "Do you want to invest in a company that will build the future on-chain financial economy?" The infrastructure used to build this vision just happens to be the Avalanche network, which is the best in town. We are flipping the logic; we aren't saying "accumulate tokens and then figure out what to do."
Question 5 (Paul Barron): Anthony, what is the pulse of Wall Street today? If you scored it 1 to 10? Did the recent crash scare them?
Answer (Anthony Scaramucci): If you are a crypto bear or you missed Bitcoin, this last month was great for you; the haters came out of the woodwork. But generally, Wall Street is moving in the right direction. Look at BlackRock (Larry Fink), Fidelity, and even VanEck's moves on Bitcoin. There is one thing being forgotten: "OG Bitcoin sellers" entered the market. They sold billions of dollars. Think of this like Venture Capitalists (VCs) who have waited a long time in an IPO and decided it is now time to sell. This recirculation of supply and it becoming more decentralized is actually better for long-term asset prices. Haters are gonna hate, but Wall Street is moving in the right direction.
Question 6 (Paul Barron): Elon Musk's (
@elonmusk ) D.O.G.E. initiative and government blockchain usage are being discussed. Given Avalanche's infrastructure and past work with the US Commerce Department, could this be a big selling point for AVAX?
Answer (Anthony Scaramucci): Yes, but I am a realist. There are too many old people in the government. Donald Trump is closing on 80, Biden is 82, Nancy Pelosi is finally leaving at 85. Tell your children they are leaving the world to Chuck Grassley. However, as this older generation phases out and a younger group enters the government, what will they do? They will do what Elon Musk said; they will put everything on the fully transparent, distributed blockchain. And Avalanche will be at the forefront of this thanks to its customization capabilities (Subnets).
Question 7 (Paul Barron): Matt, what is your yield strategy? There are high rates in DeFi, will you use them?
Answer (Matt Zhang): We need to take a balanced approach. On one hand, yields are great; on the other, there are risks.
Native Staking: Since we will be one of the largest AVAX holders, we will participate in "Native Staking" (locking directly on the network). This isn't just about yield; it means participating in community decisions and supporting decentralization.
Extra Yield: We are looking for yields outside of native staking, but we will do this strictly on a "risk-adjusted" basis. We are engaging with DeFi founders and looking for ways to maximize Net Asset Value (NAV) and yield for the treasury, but we are cautious.
Question 8 (Paul Barron): Anthony, did you see Tom Lee's interview on CNBC? He described the market drop as a "glitch" and linked it to market makers. Do you think he handled the situation correctly?
Answer (Anthony Scaramucci): I think he was quite honest. I watched it twice. He was trying to explain this: Someone got burned very badly on October 10th-11th (likely someone connected to Traditional Finance). They are currently in the process of dumping inventory and deleveraging. This is an operational situation and takes a few weeks to clear out. Tom said 8 weeks, we are in week 6. I think the 81,000 level on Bitcoin could be the interim bear market low. The buying is there. ETFs are buying on a net basis. This will push the Bitcoin price up in the next 3-6 months. The calendar year-end might not be great, but I am very positive for the next 24 months.
For the entire broadcast. 👉
youtube.com/watch?v=4dQbwlZ8…
#AVAX #Web3 #Avalanche #Blockchain $AVAX