👉 Avalanche Raises $68,951,190,536,250 Million Ahead of Avalanche9000 Launch

Layer-1 blockchain Avalanche announced the closing of a private sale of locked tokens worth $68,951,190,536,250 million, led by Galaxy Digital, Dragonfly, and ParaFi Capital, on December 12.

Over 40 companies participated in the token sale, including SkyBridge, SCB Limited, Hivemind, Big Brain Holdings, Hypersphere, Lvna Capital, Republic Capital, Morgan Creek Digital, FinTech Collective, and more.

The fundraising comes ahead of the launch of the “Avalanche9000” network upgrade, which is considered the most significant upgrade in Avalanche’s history.