Archives

September 13, 2024 @ 8:30 am By Omar Faridi  |  

ParaFi Capital, an alternative asset management and technology firm with over $1 billion in assets under management, has tapped Securitize, a firm focused on tokenizing real-world assets, to tokenize an interest in one of its venture funds on the Avalanche blockchain. Since inception in 2018,… Read More

August 24, 2024 @ 12:41 pm By Omar Faridi  |  

Agora has launched its “fully collateralized” US digital dollar, AUSD, on the Avalanche network. Built on the philosophy that money should be neutral, AUSD brings to “bear an open model that incentivizes businesses–from exchanges and applications to Fintechs and payment providers–to contribute to and service… Read More

August 23, 2024 @ 10:55 am By Omar Faridi  |  

Franklin Templeton, a global investment firm with $1.6T in assets under management, has expanded its L1 blockchain footprint by extending the availability of its first-of-its-kind on-chain money market fund to the Avalanche network. The Franklin OnChain U.S. Government Money Fund (FOBXX or the Fund) was… Read More

April 30, 2024 @ 8:51 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses with a fiat-to-crypto onramp, now supports the Avalanche C-Chain. Retail users can purchase AVAX directly through Stripe, “removing the need to go through an exchange.” Available to U.S. Stripe’s fiat-to-crypto onramp is “a customizable widget embedded into Avalanche… Read More

April 17, 2024 @ 6:24 pm By Omar Faridi  |  

Homium, Inc., a home equity mortgage lender and securitization platform, has launched its tokenized home equity loans on Avalanche. Homium’s shared appreciation home equity loans “provide homeowners with a novel way to borrow against their home equity without increasing their monthly debt burden.” Homium’s launch… Read More

March 28, 2024 @ 8:56 am By Omar Faridi  |  

The Diamond Standard Fund, supported by Diamond Standard and Horizon Kinetics, has been tokenized by Oasis Pro and listed on Oasis Pro Market’s SEC-registered ATS, via the Avalanche C-Chain. The Fund provides investors access “to an approximately $1.2T natural resource through an asset-backed coin licensed… Read More

February 23, 2024 @ 2:02 pm By Omar Faridi  |  

Tenzro is launching its AI content platform on Avalanche, aiming to serve as an open, composable platform for any developer to be able to easily launch AI-powered creative content capabilities. By enabling dApp builders with robust AI capabilities, Tenzro believes that “all content creators, such… Read More

January 1, 2024 @ 9:39 pm By Omar Faridi  |  

Folks Finance, the DeFi app on Algorand, continues its expansion into new networks by bringing xALGO into the Avalanche ecosystem. Powered by Wormhole technology, this is reportedly “the first Avalanche-Algorand cross-chain DeFi product available.” xALGO is a liquid staking derivative; “a yield-bearing version of ALGO… Read More

December 21, 2023 @ 11:12 am By Omar Faridi  |  

Really, a platform delivering weekly Augmented Reality (AR) experiences for theatrical release movies, aims to enhance these AR experiences for the entertainment industry by leveraging Avalanche‘s “scalable” blockchain in new offerings. The offerings include an upgrade “to the Really Collectible Ticket Program and new fan… Read More

December 19, 2023 @ 2:06 pm By Omar Faridi  |  

Masa is launching its ZK-data network and marketplace in hopes of “building an open, secure, and incentivized economy for the world’s personal data.” The launch is slated for Q1 2024. Masa aims to finally empower people to “take back control of their data and be… Read More

November 17, 2023 @ 11:37 am By JD Alois  |  

Avalanche has been on a roll in recent days. An announcement that JP Morgan was working on a pilot with Avalanche to investigate the tokenization of assets saw the price of Avalanche (AVAX) to rocket higher. Avalanche is a high-performance blockchain that aims to be… Read More

September 27, 2023 @ 11:07 pm By Omar Faridi  |  

Dreamus, the entertainment events and streaming pioneer supporting globally known K-pop stars and most South Korean concert ticket sales, is now using Avalanche. The 21M loyalty users of its popular ticketing app, OK Cashbag, “can now buy Avalanche-backed tickets in just a few clicks.” Dreamus,… Read More

May 30, 2023 @ 11:33 am By Omar Faridi  |  

Euro Coin, or EUROC, launched on Ethereum in 2022 in order “to provide businesses and developers with a fully reserved, euro-backed stablecoin they can trust.” Euro Coin helps unlock new opportunities “for global commerce, faster and more efficient FX, and greater access to the euro… Read More

April 14, 2023 @ 3:13 pm By Omar Faridi  |  

The Evergreen Subnet, “Spruce,” has been launched with an initial cohort of institutional partners that includes T. Rowe Price Associates, WisdomTree, Wellington Management, and Cumberland. Participating institutions will be using Spruce “as a testnet for a variety of applications and assets to measure the benefits… Read More

April 10, 2023 @ 10:51 pm By Omar Faridi  |  

Ava Labs has announced the launch of Avalanche Evergreen Subnets, a suite of institutional blockchain deployments, customizations, and tooling designed to address company-specific and industry-wide requirements for financial services. Crucially, Evergreen Subnets “maintain the benefits of public network development while enabling particular features historically only… Read More

January 6, 2023 @ 3:44 pm By Omar Faridi  |  

Avalanche is one of the “most promising” L1 protocols in the general crypto ecosystem, according to an update from its community of developers and contributors. It was created in 2020 by Ava Labs and has since “become a popular choice for DeFi developers due to… Read More

January 2, 2023 @ 7:22 pm By Omar Faridi  |  

Avalanche is closing out the year with the final AvalancheGo release of 2022. Avalanche Warp Messaging (AWM) is “rolling out in AvalancheGo Banff 5, bringing fast, reliable native communications to all Avalanche Subnets.” AWM Is available today “in both the Golang and Rust VM SDKs… Read More

September 13, 2022 @ 9:24 am By JD Alois  |  

Securitize, a digital securities platform enabling both primary issuance as well as secondary trading, has announced a new tokenized asset that provides investors with exposure to a fund created by KKR. KKR is a fabled buy-out firm and asset management company. KKR sponsors various funds… Read More

September 8, 2022 @ 10:47 pm By Omar Faridi  |  

Prime Protocol is pleased to introduce support for Fuji, which is Avalanche’s testnet chain, in their upcoming testnet beta. Avalanche has reportedly “averaged over a million processed transactions per day in the last month.” Users will be able “to deposit funds from Fuji as well… Read More

July 10, 2022 @ 10:35 pm By Omar Faridi  |  

Intain Inc., a blockchain-enabled structured finance platform for issuers and investors to connect in an efficient, secure and trusted way, recently announced “the completion of a round of funding.” The funds will be used “to help scale Intain MARKETS, a structured finance marketplace scheduled for… Read More