Avalanche


Markets

Avalanche Foundation Commits $50M to Bring More Tokenized Assets to Blockchain

The program follows Avalanche’s initiative to financial institutions to test blockchain services on one of its subnets.

(Danny Nelson/CoinDesk)

Tech

Chainlink's Interoperability Protocol, Connecting Blockchains to ‘Bank Chains,’ Goes Live

This is the launch of the standard that could connect all of the blockchains and all of the bank chains, Sergey Nazarov said in an interview with CoinDesk.

Chainlink CEO Sergey Nazarov (Chainlink Labs)

Web3

Avalanche-Backed Web3 Gaming Studio Pixion Games Closes $5.5M Seed Round

The funds will go towards building out Fableborne, the studio’s flagship Web3 game.

Fableborne (Pixion Games)

Finance

Struct Finance Rolls Out Customizable Interest Rate Product for DeFi Users

The product will allow for traders to invest with both low and high risk appetites.

(Getty Images)

Finance

Avalanche’s AVAX Token Remains Flat Ahead of its $130 Million Token Unlock

More than 9.3 million tokens will be unlocked Sunday, representing 1.2% of AXAX’s total supply.

(FLY:D/Unsplash)

Web3

Ava Labs Launches 'No-Code' Web3 Launchpad AvaCloud

Ava Labs says that the tool will allow companies to bring Web3 products to market faster, cheaper and with lower risk.

(Ava Labs)

Markets

Voltz Protocol Brings a Wall Street Rates Stalwart to DeFi

SOFR – which Voltz’s new product is tied to through the Avalanche blockchain – is used to set interest rates on TradFi loans, bonds and other products in the U.S.

(Sophie Backes, Unsplash)

Finance

Alibaba Cloud Builds Metaverse Launchpad on Avalanche

Named Cloudverse, the launchpad is designed to provide an end-to-end platform for companies to customize and maintain their metaverse spaces.

(Danny Nelson/CoinDesk)

Finance

Avalanche Surges to 6-Month High in Daily Active Addresses

The spike coincided with a bevy of financial institutions joining Avalanche’s Evergreen subnet “Spruce.”

(Artemis)