The Avalanche Foundation, an open source blockchain-based protocol, just announced a massive investment in asset tokenization on its blockchain. The Foundation has allocated $50M for the tokenization of assets, such as real estate, commodities, securities, debt and equities, among others. This investment is aimed at creating an ecosystem where users can easily transact in fractionalized… Continue reading Avalanche Foundation to invest $50M in asset tokenization on its blockchain
Tag: foundation
Foundation raises $7M to return ‘sovereignty’ to a chaotic crypto world
The crypto world was in chaos. Numerous projects were being developed and deployed, often without consideration for the health of the underlying ecosystems. A lack of consistency and direction made it difficult for users to trust any of the platforms, let alone make positive contributions to the development of the projects. The situation was so… Continue reading Foundation raises $7M to return ‘sovereignty’ to a chaotic crypto world