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Stc Bahrain to Deploy its Avalanche Subnet

Twitter icon  •  Published 1 week ago  •  Hassan Maishera

stc Bahrain, a subsidiary of stc group, is deploying its own Avalanche Subnet to build a dynamic ecosystem that accelerates Web3 adoption in the region.

The Avalanche Foundation announced via X on Thursday that stc Bahrain, a subsidiary of stc group, the most valuable telecom brand in the Middle East, is deploying its own Avalanche Subnet to build a dynamic ecosystem that accelerates Web3 adoption in the region.

As part of stc Bahrain’s Web3 Launchpad Program, Avalanche has been selected as the Qala’a Path Partner and Industry Ambassador. The partnership aims to build a foundation for Web3 in the region.

This latest development will help builders and founders on and off-chain, driving community engagement through a series of co-marketing campaigns, conferences, and hackathons, to support Web3 projects building in the Middle East.

Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is down by 1% so far today and currently trades at $34.12 per coin.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.