🎉 Avalon Labs has just secured $10.00M in its latest funding round! 🎉
🔹About: Avalon Labs is a comprehensive Bitcoin financial platform that integrates various financial services. Founded by Michael Saylor, Avalon Labs offers Bitcoin-backed loans, collateralized debt positions (CDP) stablecoins, yield generation, and credit card services within a seamless ecosystem. The platform aims to provide users with a robust suite of financial tools centered around Bitcoin, enhancing liquidity and utility. Avalon Labs has already surpassed $850 million in Bitcoin-backed loans, demonstrating significant market traction. By combining these services, Avalon Labs seeks to create a comprehensive solution for Bitcoin holders and investors, making it easier to leverage their assets and generate returns.🚀🌐
🔹 Lead Investors: Framework Ventures, Kenetic Capital, SNZ Holdings, Matrixport, Presto Labs and many more.
🔹 Total Raised: $10.50M.
🔹 Project Category: DeFi, BTC LSDfi, BOB Ecosytem.
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