Company: MLAC
Filing Date: 2025-12-30
Form Type: 425
Source: 0001213900-25-126602
Chunk: 5

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-12-30
Form: 425
Chunk 5
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 blockchain technology? I do feel like Avalanche has a very strategic
advantage in like a kind of government and business vertical. It’s, you know, it’s not the Mag 1, right? It’s the Mag
7. So throughout the last couple of decades, there have been many winners in technology, particularly software, that had different approaches.
And so, you know, you had telecom, you have internet, you have SaaS, you had all these different areas where you could have a winner or
multiple winners. I think as people look to implement blockchain technology into businesses, one of the difficulties they have is that
businesses don’t want to take their private information or the customer’s private information and put it on a public blockchain.
It’s just like, it’s not, it’s not, it’s not starter, right? So, you know, what a lot of people have done is maybe
looked at like Ethereum and building, you know, kind of an L2. Like the unique structure of the Avalanche chain is that they have this
kind of three-chain approach. And one of them, the C-chain, allows people to build their own L1s kind of out of the box in a way that’s
supported by this broader network. And you don’t need to have like an army of software developers to develop that. So you’ve
seen companies like Robinhood or Google, they’re going to build their own chains, which makes total sense because they want to implement
KYC and AML. They don’t want to put their customers’ private information on public blockchain. But most importantly, they
want to own the entire financial stack. They want to be able to customize it. But then at the end, they want this kind of base layer security.
And that’s where you’ve seen Ethereum have success, right? There’s all these L2s that are building on top of Ethereum,
and they’re basically just paying for Ethereum level one security. And so for me, just looking at all of the companies that have
already been building on Avalanche because they have the capacity to customize an L1, but then, you know, into the security of the Avalanche
chain, which is also EVM compatible. So you can connect out to the rest of the world. Like KKR, Apollo, Toyota, FIFA, like big brand names
are utilizing Avalanche today to build for a myriad of reasons. Avalanche team has really built in Japan and in Korea and other