Hassan Maishera
The Avalanche team announced via a Medium post on Tuesday that Intain Inc., a leading structured finance platform, has launched IntainMARKETS, a marketplace for tokenized asset-backed securities built as an Avalanche Subnet. By launching as a Subnet, IntainMARKETS aims to meet regulatory and other application-specific requirements as it aims to solve core challenges for the market. Intain’s first platform, IntainADMIN, now facilitates the administration of more than $5.5B in assets across more than 25 deals, Avalanche added.
Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is up by 1% so far today and currently trades at $19.55 per coin.
