Odaily Planet Daily News: The Avalanche Foundation announced that it has raised $250 million for its blockchain platform through a private token sale, with Galaxy Digital, Dragonfly, and ParaFi Capital participating alongside more than 40 other companies. It is reported that this is not Avalanche's first large-scale fundraising. Back in December 2021, at the peak of the last cryptocurrency bull market, the Avalanche Foundation raised $230 million in a similar token sale. (Forbes)