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Intain Launches Avalanche Subnet

Twitter icon  •  Published 2 years ago on February 1, 2023  •  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.

Intain Launches Avalanche Subnet

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.

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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.

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