
Avalanche Foundation to Raise $1B to Fund Two Crypto Treasury Companies
The Avalanche Foundation seeks to raise $1 billion to create two crypto treasury companies holding millions of AVAX tokens.
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.
The Avalanche Foundation seeks to raise $1 billion to create two crypto treasury companies holding millions of AVAX tokens.
Bitcoin has reclaimed the $116k mark despite the disappointing CPI data, as analysts still expect a Fed rate cut next week.
On Thursday, Kyber Network announced via X that KyberSwap has integrated with Etherex on the Linea blockchain.
On Thursday, the Sushi team announced via X that Sushi has launched on Berachain, a leading Proof of Liquidity blockchain.
On Thursday, the Sui Foundation announced via X that Sui now supports GraphQL RPC and a General-purpose Indexer in public beta.
On Thursday, the Immutable team announced via X that NovaStrike has now joined the Immutable gaming ecosystem.
21Shares has announced the launch of the 21Shares DYDX ETP, providing institutions with access to the native token of a leading DeFi derivatives platform.
Cryptocurrency exchange Binance has partnered with Franklin Templeton to explore the tokenization of securities combined with a global trading infrastructure.
On Wednesday, the Pyth Network announced via X that the $LINEA price feed is now live on Pyth and across 100+ blockchains.
Chainlink announced via X on Thursday that it has partnered with UBS and DigiFT to automate tokenized fund operations onchain under the Hong Kong government’s Cyberport program.
On Wednesday, the LayerZero team announced via X that it has launched OVault, enabling users to accept deposits and redemptions from over 140 chains with a single click.
Archax, the UK-regulated digital asset exchange, custodian, and brokerage, has launched its Pool Token functionality on the Hedera Network.