Altura Pauses AVLT Redemptions on June 23, Treasury Liquidation Underway

According to Foresight News, Altura paused AVLT redemptions on June 23 following a decision to liquidate treasury assets in an orderly manner. Redemptions will resume only after all treasury assets are recovered, reconciled, and independently verified by a third party.

Liquidation progress includes: market-making strategies fully exited with approximately $9.6 million in proceeds held by OKX; approximately 90% of MF-One positions cleared through Morpho with around $1.27 million held by Cobo; Inessa positions, the largest holding, expected to total approximately $21.91 million in liquidation proceeds, to be transferred via JPMorgan Chase in batches of $1–2 million per banking day to Altura DeFi Ltd., with an initial $10,000 test transfer initiated on June 23. Negotiations on Travessia Credit positions remain ongoing.