⚡️ @Avalonfinance_ has raised $10M in Series A funding round led by @hiFramework

Avalon Labs, the issuer of the $BTC-backed stablecoin USDa, announces the closure of its $10M fundraising. The investment round was led by Framework Ventures with additional participation from @UTXOmgmt, @Presto_Labs, @KeneticCapital, @AntalphaGlobal, @SummerEverest, @Comma3vc, @Geek_cartel, @MARBLEXofficial, @Pakafund and others. Along with its stablecoin, Avalon offers bitcoin-backed lending, yield generating savings accounts and a credit card.

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