WATCH: Ava Blockchain Founder Plans to Launch in December
The Ava blockchain should launch later this year, said founder Emin Gün Sirer.
As the price of bitcoin rises, token sales have become trendy once more. Here's how Avalanche, Polkadot and NEAR have fared in 2020.
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.
With $60 million in funding at its back, Ava Labs' Avalanche is the latest next-gen blockchain network to enter the DeFi landscape.
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.