AVAX One Technology Ltd. has announced that its board has approved a stock buyback program of up to $40 million, set to last for one year. The company, which is listed on Nasdaq and provides exposure to the Avalanche (AVAX) ecosystem, will conduct the buyback based on market conditions, regulatory requirements, and capital allocation strategies. The buyback can be executed through open market purchases and may be adjusted or terminated at any time. AVAX One also stated that it will evaluate further buyback arrangements as needed.