Avalanche secures $250m for blockchain upgrade
Tech in Asia·2024-12-13 11:00
Avalanche, a Layer 1 blockchain project, announced a US$250 million raise through a token sale.
The sale includes a lock-up period for the tokens.
Leading the funding round were Galaxy Digital, Dragonfly, and ParaFi Capital. Other participants included SkyBridge, Morgan Creek Digital, and Hivemind.
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