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by Legal Desire
6 October 2025

Sidley Advises Avalanche Foundation on Strategic Transaction in US$675 Million Digital Asset Treasury Company With Avalanche Treasury Co. and Mountain Lake Acquisition Corp.

Advising firms

Deal team

10 lawyers named
LawyerFirmSeniorityPracticeOffice
Lilya Tessler Lead Sidley Partner Fintech and Blockchain Not stated
Sonia Gupta Barros Lead Sidley Partner Capital Markets Not stated
J. David Stewart Lead Sidley Partner Capital Markets Not stated
Teresa Wilton Harmon Sidley Not stated Global Finance Not stated
Erika Cabo Sidley Not stated Securities Enforcement and Regulatory Not stated
Mara Alioto Sidley Not stated Global Finance Not stated
Jason Hyatt Sidley Not stated Capital Markets Not stated
Mark Pemberton Sidley Not stated M&A Not stated
Nicholas Sgroi Sidley Not stated Capital Markets Not stated
Reina Won Sidley Not stated Securities Enforcement and Regulatory Not stated

Stated terms

Stated value
USD 675m (US$675 million)
What the figure measures
Total transaction value
Client
Avalanche FoundationOther
Counterparties
Avalanche Treasury Co. (Other)
Mountain Lake Acquisition Corp. (Other)