Tuesday, 25 July, 2023
Avalanche Foundation to Invest $50M in Asset Tokenization on its Blockchain
The Avalanche Foundation announces a $50 million investment in asset tokenization on its blockchain platform. The funds will be used to enhance the ecosystem and drive the adoption of blockchain technology for tokenizing various assets. By enabling the digitization of real-world assets, such as real estate and commodities, Avalanche aims to unlock new opportunities for investors and streamline financial transactions.
Read full story at Techcrunch