Tagged: avalanche

New Real Estate Investment Platform Mogul Raises $3.6 Million in Seed Funding, Leverages Blockchain Tech to Streamline Investment Process

Mogul, a new real estate investment platform, has raised $3.6 million in seed funding, according to a company statement. The company said the round was over-subscribed and led by Anitha Vadavatha (AY Ventures), with participation from Tim Draper & Associates, Draper B1, InterVest, Draper Dragon,… Read More

Blockchain Adoption: South Korean Entertainment Platform Supports Ticketing Platform with Avalanche

Dreamus, the entertainment events and streaming pioneer supporting globally known K-pop stars and most South Korean concert ticket sales, is now using Avalanche. The 21M loyalty users of its popular ticketing app, OK Cashbag, “can now buy Avalanche-backed tickets in just a few clicks.” Dreamus,… Read More

DeFi Adoption: Dexalot Subnet Receives Avalanche Multiverse Incentives of up to $3M

The Avalanche Foundation is providing up to $3 million in AVAX tokens to Dexalot, the central limit order book (CLOB) decentralized exchange (DEX) built “on an Avalanche Subnet.” The incentives come from Avalanche Multiverse, “a comprehensive program nurturing Avalanche Subnet growth and adoption.” Dexalot’s Subnet… Read More

Digital Asset First: Securitize to Issue Tokenized Securities in the EU

Digital security platform Securitize will become the first entity to enable tokenized securities in the European Union – as well as the US. Securitize has been approved for tokenized assets under an EU pilot regime. The company holds security licenses in both the US and… Read More

Chainlink Cross-Chain Interoperability Protocol (CCIP) Launches on Mainnet

The Chainlink Cross-Chain Interoperability Protocol (CCIP) has entered the Mainnet Early Access phase on the Avalanche, Ethereum, Optimism, and Polygon blockchains. DeFi protocols in derivatives and lending are “adopting CCIP, including Synthetix, which is live on CCIP mainnet, as well as Aave, with BGD Labs… Read More

Financial Institutions Join Avalanche “Evergreen” Subnet to Support On-Chain Finance Innovation

The Evergreen Subnet, “Spruce,” has been launched with an initial cohort of institutional partners that includes T. Rowe Price Associates, WisdomTree, Wellington Management, and Cumberland. Participating institutions will be using Spruce “as a testnet for a variety of applications and assets to measure the benefits… Read More

Blockchain, Smart Contracts Platform Avalanche Introduces ‘Evergreen’ Subnets for Institutional DLT Deployments

Ava Labs has announced the launch of Avalanche Evergreen Subnets, a suite of institutional blockchain deployments, customizations, and tooling designed to address company-specific and industry-wide requirements for financial services. Crucially, Evergreen Subnets “maintain the benefits of public network development while enabling particular features historically only… Read More

Web 3.0 Adoption: TYB, Shopify Bring Web3 Loyalty Platform to Consumer Brands, Supported by Avalanche

TYB is now available on the Shopify App Store, making it the “first” end-to-end Web3 community-powered loyalty solution available to Shopify’s merchants through an Avalanche-based platform. The app allows Shopify merchants “to implement TYB’s community-integrated-commerce tools to directly connect with and reward fans for taking… Read More

Tokeny Adds Avalanche Functionality to Digital Security Ecosystem

Digital securities enabler Tokeny has added the Avalanche blockchain to its platform in a move designed to “bring institutions a seamless and secure solution for issuing, managing, and transferring tokenized securities on the Avalanche blockchain.” Avalanche claims to be the fastest, most reliable smart contracts… Read More

Ava Labs, Tencent Cloud Enable Rapid Node Deployment on Avalanche Public Blockchain Across APAC

Ava Labs announced it has entered into a partnership with Tencent Cloud to support projects and developers across the Avalanche ecosystem. In addition to providing developers with rapid node deployment, both parties will also “explore Avalanche Subnets for enterprises to help accelerate adoption of Web3… Read More

BENQI Integrates Chainlink Proof of Reserve, Automation to Secure Cross-Chain Asset Lending

BENQI — an algorithmic money market protocol on Avalanche — has integrated Chainlink Proof of Reserve and Automation in order “to help secure cross-chain asset lending and borrowing for BTC, ETH, DAI, USDC, and USDT.” The combination of these two proven Chainlink oracle services enables… Read More

Decentralized Finance: Dexalot Launches Hybrid DeFi Subnet on Avalanche

Decentralized cryptocurrency exchange Dexalot has launched on an Avalanche Subnet, marking a new milestone in “the evolution of decentralized trading protocols.” The Dexalot Subnet aims “to replicate the user experience of a CEX without compromising on decentralization and transparency.” Its team has “spent months building… Read More

Ava Labs, Creator of Avalanche, Partners with Amazon Web Services (AWS)

Ava Labs has partnered with Amazon Web Services (AWS) to boost the adoption of the Avalanche blockchain. Avalanche, created by Ava Labs, is a high-performance distributed ledger technology that aims to be “the fastest, most reliable smart contracts platform in the world.” AWS is the… Read More

Avalanche (AVAX) Could Provide Economically Sustainable Ecosystem for DeFi, Gaming: Report

Avalanche is one of the “most promising” L1 protocols in the general crypto ecosystem, according to an update from its community of developers and contributors. It was created in 2020 by Ava Labs and has since “become a popular choice for DeFi developers due to… Read More

Avalanche Warp Messaging Launches with Native Subnet-to-Subnet Message on Avalanche Mainnet

Avalanche is closing out the year with the final AvalancheGo release of 2022. Avalanche Warp Messaging (AWM) is “rolling out in AvalancheGo Banff 5, bringing fast, reliable native communications to all Avalanche Subnets.” AWM Is available today “in both the Golang and Rust VM SDKs… Read More

Core Now Offers Coinbase Pay as Way to Go From Cash to Crypto

Core, a free, self-custody wallet engineered for users to seamlessly and securely use Web3 dApps, has integrated Coinbase Pay, giving users more ways “to deposit cash to convert to crypto for use on Avalanche, Ethereum, and many other blockchain networks.” Coinbase Pay supports 60+ fiat… Read More

THORChain Integrates with Avalanche to Support Multichain Interoperability

THORChain, a non-custodial decentralized liquidity protocol that enables decentralized exchanges (DEXs) and users to seamlessly transfer their digital assets across blockchains, has integrated support for Avalanche, which claims to be the fastest smart contracts platform in the blockchain industry, “as measured by time-to-finality.” Avalanche considers… Read More

DAOs: Geode Finance Launches Staking Toolkit for Decentralized Autonomous Organizations

Geode Finance, a liquid staking infrastructure provider for DAOs, has successfully deployed on Avalanche Mainnet, partnering with Yield Yak “to launch their own liquid staking solution and token, yyAVAX.” With Geode’s infrastructure, DAOs can “unlock new revenue streams and capture the full value of PoS… Read More

Prime Protocol is Entering the Avalanche Ecosystem

Prime Protocol is pleased to introduce support for Fuji, which is Avalanche’s testnet chain, in their upcoming testnet beta. Avalanche has reportedly “averaged over a million processed transactions per day in the last month.” Users will be able “to deposit funds from Fuji as well… Read More

SPiCE VC Now an Investor in Security Token Market’s Web3 Crowdfund on Avalanche

Security Token Market, a global oracle for all security token financial data, media, and research is pleased to announce a new investment from SPiCE VC, a venture capital firm focused on the growth and development of the blockchain and tokenization ecosystem. SPiCE is considered to… Read More

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