Odaily Planet Daily News 🌟 Avalon Labs announced the completion of a $10 million Series A financing round, led by Framework Ventures, with other investors including UXTO Management, Presto Labs, and Kenetic Capital. Avalon Labs plans to transform Bitcoin from a traditional digital value storage into a multifunctional financial tool through its Bitcoin-based stablecoin USDa. This move not only demonstrates Bitcoin's potential in the financial application sector but also injects new vitality into the cryptocurrency market. With the changing dynamics of global regulation, the future development of Bitcoin is worth looking forward to! 🚀