According to Foresight News, Bitcoin ecosystem lending protocol Avalon Labs (formerly Avalon Finance) announced the completion of its brand upgrade, focusing on the two business segments of CeDeFi and DeFi lending centered around Bitcoin, and will promote its lending stablecoin.
Previously, Avalon Labs tied for first place with Bedrock in the second round of the BNB Incubation League in Nashville and will enter the MVB program.
Avalon Labs hopes to use this upgrade to serve both retail and institutional users and establish a more complete on-chain lending system.
