The Avalanche team announced via Twitter on Wednesday that Japanese financial services company SBI VC Trade is using Ava Cloud to launch Web3 business solutions on their crypto exchange.
Users of the SBI VCs platform will have access to a number of tools and services, including AVAX staking and trading through the SBI VC exchange, the team 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 down by 2% so far today and currently trades at $11.45 per coin.