AVA is already in dialogue with five DeFi projects interested in receiving some of the "many millions" it's making available in grants.
AVA Labs is looking to build financial infrastructure for Wall Street businesses after open sourcing its novel “Avalanche” protocol.
AVA Labs has closed a $12 million private token sale. The funding round – co-led by Galaxy Digital, Bitmain, Initialized and others – comes weeks before an anticipated mainnet launch.
The Ava blockchain should launch later this year, said founder Emin Gün Sirer.