Avalanche secures $250m for blockchain upgrade

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.

……

Read full article on Tech in Asia

Business