Avalanche, the layer-1 blockchain that is upgrading its technology platform, has raised $250 million in a token sale led by Galaxy Digital, Dragonfly and ParaFi Capital.More than 40 investment firms participated in the deal.The sale follows the project's Avalanche9000 upgrade went live in a testnet environment. The overhaul aims to make it cheaper to conduct transactions and run validators on the network, with the goal of making it easier to bui…

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Avalanche (AVAX) Raises $250M From Galaxy Digital, Dragonfly, Others

The post Avalanche raises $250M ahead of Avalanche9000 launch appeared first on Daily Truth Report • DailyTruthReport.com.

Cointelegraph

Avalanche raises $250M ahead of Avalanche9000 launch

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Layer 1 blockchain project Avalanche raised $250M via a locked token sale co-led by Galaxy Digital, Dragonfly, and ParaFi, to support its Avalanche9000 upgrade  —  - Layer 1 blockchain project Avalanche has raised $250 million in a locked token sale led by Galaxy Digital, Dragonfly and ParaFi Capital.

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Layer 1 blockchain project Avalanche raised $250M via a locked token sale co-led by Galaxy Digital, Dragonfly, and ParaFi, to support its Avalanche9000 upgrade

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Avalanche announced the recent closure of a $250 million token sale that will support the upcoming launch of Avalanche9000. This major upgrade aims to turn Avalanche into a swarm of interconnected L1s. Avalanche Raises $250 Million Before Major Avalanche9000 Upgrade Avalanche, a top 15 blockchain project, has recently closed a $250 million token sale in... The post Avalanche Closes $250 Million Token Sale Ahead of Upcoming Avalanche9000 Upgrade …

Bitcoin.com

Avalanche Closes $250 Million Token Sale Ahead of Upcoming Avalanche9000 Upgrade

Avalanche has raised $250 million from Galaxy Digital, Dragonfly and ParaFi Capital among other investors. The token sale comes as Avalanche nears the mainnet launch of its layer-1 blockchain upgrade. Avalanche has secured $250 million in a token sale fundraiser as the layer-1 blockchain looks...

CryptoPanic

Avalanche raises $250 million to boost layer-1 upgrade

More than 40 venture capital firms pitched in to help Avalanche Foundation raise $250 million ahead of its major "9,000" network upgrade.

decrypt.co

New York

Avalanche Raises $250 Million in Token Sale Ahead of Major Network Upgrade

Avalanche announced the recent closure of a $250 million token sale that will support the upcoming launch of Avalanche9000. This major upgrade aims …

Cryptocurrency News | Cryptocurrency Prices | Market Cap

Avalanche Foundation has raised $250 million through a private locked-token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital. AVAX prices gained nearly 9% after the announcement to trade at $52.80. As the crypto market takes a breather following Bitcoin’s solidification above $100,000, AVAX seems to be gearing up for a rally. Avalanche Raises Funds Ahead of Upcoming Network Upgrade Avalanche Foundation announced that over 40 investment …

coinstats.app

CoinStats - Avalanche (AVAX) Raises $250 Million as TVL H...

Avalanche (AVAX) completed another step in transforming from a L2 into an independent L1 project. The platform raised $250M in a private sale, backed by some of the top VC funds. Avalanche (AVAX) extended its relationship with top VC funds, aiming to transform itself from a L2 chain and run an indep...

http://coinprofitnews.com

Avalanche (AVAX) locks in $250M private sale round ahead of Avalanche9000 upgrade

Avalanche9000 upgrade to go live on Monday, here's what to expect

u.today

Avalanche Unveils Timeline for Major Upgrade to Go Live

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Avalanche (AVAX) Raises $250M From Galaxy Digital, Dragonfly, Others

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