Avalanche Foundation to invest $50M in asset tokenization on its blockchain

TechCrunch
By Jacquelyn MelinekJul 25, 2023, 10:00 am139 pts
The Avalanche Foundation is allocating up to $50 million to purchase tokenized assets created on its layer-1 blockchain, the company exclusively told TechCrunch. The initiative, Avalanche Vista, aims to highlight the value of tokenization in different sectors like equity, credit, real estate and commodities.…

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