Avalanche Foundation in Talks to Launch $1B Crypto Treasury Firms in the U.S.
TL;DR Fundraising Strategy: Avalanche Foundation plans to raise $1B through two deals, one private investment and one SPAC, to launch crypto treasury firms in the U.S.
Avalanche News (Latest Publications)
The latest news about Avalanche (AVAX), an open source blockchain that enables the development of Smart Contracts and Decentralized Applications (DApps).
Since its launch in 2020, it has had an exponential growth in terms of number of users and projects being developed on it.
Its native token, AVAX, is one of the most valued cryptocurrencies today and has multiple functions within the platform. It functions as a means of reward for network users.
Avalanche uses a Proof-of-stake (PoS) consensus protocol that rewards participants for staking their tokens.
Avalanche Is Exploding: $300M RWA Push, Toyota Blockchain Move, and a Wave of Stablecoins
TL;DR RWA Initiative: Avalanche commits $300 million to tokenizing real-world assets, aiming to attract institutional adoption through efficient, transparent on-chain solutions. Corporate Adoption: Toyota explores Avalanche-based tools
Avalanche: Re Rolls Out On-Chain Reinsurance Yields and Points Program
TL;DR Re launches reUSD and reUSDe on Avalanche, two fully collateralized institutional products, and rolls out the Re Points Program. reUSD delivers yield from T-bills and
New Jersey and Avalanche Revolutionize Real Estate with a Massive Blockchain Upgrade
TL;DR Bergen County is tokenizing over 370,000 property deeds on Avalanche, covering $240 billion in real estate under a five-year contract. Balcony is extending the modernization
Pixelmon Partners with Ava Labs to Launch Mobile Games on Avalanche Chain
TL;DR Pixelmon will launch its first major mobile game, Warden’s Ascent, built on Avalanche, featuring turn-based battles and over 100 unique monsters. The franchise will expand
Nasdaq Files to List VanEck Avalanche ETF, Bringing AVAX Closer to Mainstream
TL;DR Nasdaq has officially submitted an application to the SEC to list VanEck’s proposed Avalanche ETF, offering regulated exposure to the AVAX token without direct purchase.
Ava Labs & Fireblocks Join Forces with SMBC for New Stablecoin Project
TL;DR Sumitomo Mitsui Financial Group is collaborating with Ava Labs and FireBlocks to develop a stablecoin with blockchain infrastructure. The supply of stablecoins on Avalanche increased
KOR Protocol Integrates Top Media Giants into Avalanche Ecosystem
TL;DR KOR Protocol will launch a blockchain on Avalanche to modernize the registration, management, and monetization of intellectual property. The infrastructure will allow creators to register
Gelato Enhances Avalanche Ecosystem With Sovereign Chain Deployment Solution
TL;DR Gelato has integrated its blockchain-as-a-service on Avalanche to facilitate the deployment of sovereign networks for institutions. The solution reduces costs and deployment times with interoperability
Nasdaq Seeks SEC Approval to List Grayscale’s Spot AVAX ETF
TL;DR Nasdaq requested SEC approval for an Avalanche (AVAX) ETF managed by Grayscale, converting its trust into a regulated investment product. VanEck also filed for an
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