Avalon Labs raises $10M in a Series A funding round

#AvalonLabs secures $10M in a Series A funding round led by Framework Ventures, with participation from Kenetic Capital, UTXO Management, SNZ Holding, Antalpha Global, Summer Ventures, Comma3 Ventures, GeekCartel, Presto Labs, MARBLEX, Trinito, Taiko and others.

Avalon Labs is a decentralized finance platform focused on providing lending solutions across multiple blockchain ecosystems. Its core offering is a decentralized lending protocol, which uses an isolated lending pool mechanism to manage risk more effectively by segmenting collateral into different risk categories.

👉 x.com/avalonfinance_/status/1871201621193158903

#ChristmasMarketAnalysis

Avalon Labs baru aja raih US$10 juta untuk kembangkan stablecoin yang didukung Bitcoin! 🔥 Ini bukan cuma soal menyimpan BTC, tapi membuka potensi baru di dunia DeFi! 💡

Bayangin deh, kamu bisa agunkan BTC untuk dapetin suku bunga pinjaman tetap 8%! 🏦 Sementara TVL-nya udah tembus US$700 juta! Apakah ini tanda btc makin jadi instrumen keuangan yang lebih dari sekedar 'store of value'? 🤔

Gimana menurut kamu? Apakah 2024 bakal jadi tahun Bitcoin terjun bebas ke dunia DeFi? Drop pendapatmu di komentar! 👇

#AvalonLabs #Stablecoin #CryptoNews
$BTC