Ava Labs raises $350M at $5.25B valuation: Report

México Noticias Noticias

Ava Labs raises $350M at $5.25B valuation: Report
México Últimas Noticias,México Titulares
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Oh no, is that an avalanche of money raining down on avalabsofficial? Avalanche's lead developer raised $350M putting them at a valuation over $5 billion. See what features investors are excited about.

to data from DeFi Llama. Decentralized finance, or DeFi, borrowing and lending protocol Aave accounts for 33.72% of the market share on the blockchain.

AVAX has become one of the most popular blockchains, surpassing a market cap of $21.3 billion. Since the launch of its mainnet in September 2020, the blockchain has grown to an ecosystem of approximately 450 individual projects, removed $118 million worth of AVAX from circulation through token burning and attracted more than 1.5 million community members.

As reported by Cointelegraph last November, the Avalanche Foundation, a primary organization within the Avalanche ecosystem,

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Cointelegraph /  🏆 562. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

$5 million gift expands Montalvo’s artist residency program$5 million gift expands Montalvo’s artist residency programMontalvo Arts Center received a $5 million gift from the George and Judy Marcus Family Foundation that will support its artist residency program and fund two new opportunities for emerging artists
Leer más »

a16z's Chris Dixon tops ‘Midas List’ by turning $350M into $6B in 2021a16z's Chris Dixon tops ‘Midas List’ by turning $350M into $6B in 2021The list of successful a16z crypto startup investments is long, and most of them have been profitable leading to 17.7x returns on its first crypto fund last year.
Leer más »

Avalanche developer raising $350 million at $5.25 billion valuation: ReportAvalanche developer raising $350 million at $5.25 billion valuation: ReportAva Labs, the main developer of the Avalanche blockchain, is said to be raising $350 million in new funding at a $5.25 billion valuation.
Leer más »

Avalanche Developer to Rake In $350 MillionAvalanche Developer to Rake In $350 MillionAvalanche developer Ava Labs is on track to raise a staggering $350 million, according to a recent Bloomberg report
Leer más »

Three San Antonio residents make Forbes' annual billionaires listThree San Antonio residents make Forbes' annual billionaires listSan Antonio's billionaires have a combined net worth of over $5 billion. SanAntonio SATX SanAntonioTX Texas Forbes BillionaireClub RichestPeople
Leer más »

We Tested 28 Can Openers—Here Are The Best OnesWe Tested 28 Can Openers—Here Are The Best OnesWe tested 28 handheld can openers—traditional rotary-style, safety rotary-style, and fixed—to find the best ones that are fast and easy to use and hold.
Leer más »



Render Time: 2025-03-12 13:57:31