9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Citing knowledgeable sources, Bloomberg wrote that avalanche startup Ava Labs has launched a $350 million funding round at a valuation of $5.25 billion. According to DappRadar, 244 were
Citing knowledgeable sources, Bloomberg wrote that avalanche startup Ava Labs has launched a $350 million funding round at a valuation of $5.25 billion.
According to DappRadar, 244 were launched in Avalanche dapps mainly in gaming and DeFi. According to DeFi Llama, the network ranks fourth in terms of the amount of funds blocked ($10.7 billion).
Avalanche (AVAX) ranks 10th in CoinGecko’s cryptocurrency capitalization rating with $21.75 billion. In the past 30 days, the asset price has increased by 18%.
In September 2021, the Avalanche Foundation, affiliated with the project, raised $230 million in a special token sale. The funding was led by Polychain Capital and Three Arrows Capital.
In 2020, Ava Labs raised $12 million from a private token sale and $42 million from a public token sale. The Avalanche mainnet was launched on September 21, 2020.
Recall that in March 2022, the Avalanche Foundation launched a $290 million developer incentive program and a $100 million fund for entertainment projects.
In April, Guardians of the Terra Luna Ecosystem Development Foundation and Terraform Labs announced a total investment of $200 million in AVAX to improve the sustainability of the UST algorithmic stablecoin.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
