Avalon Labs Completes $10 Million Series A Funding, Led by Framework Ventures

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Wu Blockchain
12 hours ago
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Avalon Labs completes $10 million Series A financing, led by Framework Ventures, with participation from UXTO Management, Presto Labs, and Kenetic Capital. Avalon Labs aims to develop the Bitcoin-backed stablecoin USDa and its Bitcoin DeFi ecosystem, with the current TVL of USDa exceeding $700 million.

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