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

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

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…

Layer-1 Blockchain Avalanche (AVAX) Announces $250,000,000 Token Sale Ahead of Upcoming Upgrade – Digital Currency Research

Ethereum (ETH) rival Avalanche (AVAX) has raised $250,000,000 from a locked token sale led by Galaxy Digital, Dragonfly and ParaFi Capital. According to a new announcement, Avalanche says that more than 40 companies participated in the sale, including SkyBridge, Hivemind and Morgan Creek Digital. A locked token sale means the tokens sold have certain vesting or lock-up periods. The proceeds will go toward supporting the blockchain’s upgrade call…

Layer-1 Blockchain Avalanche (AVAX) Announces $250,000,000 Token Sale Ahead of Upcoming Upgrade

Ethereum (ETH) rival Avalanche (AVAX) has raised $250,000,000 from a locked token sale led by Galaxy Digital, Dragonfly and ParaFi Capital. According to a new announcement, Avalanche says that more than 40 companies participated in the sale, including SkyBridge, Hivemind and Morgan Creek Digital. A locked token sale means the tokens sold have certain vesting... The post Layer-1 Blockchain Avalanche (AVAX) Announces $250,000,000 Token Sale Ahead …

Avalanche Unveils Timeline for Major Upgrade to Go Live

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

Avalanche привлекла $250 млн в преддверии апгрейда сети

Команда Avalanche объявила о привлечении $250 млн в ходе закрытого токенсейла в преддверии обновления Avalanche9000. Avalanche announces a $250 million private locked-token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital, highlighting the growing confidence in Avalanche’s blockchain ec...

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

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...