Base Layer Wars Heat Up With Another $12M Committed to AVA Labs’ Avalanche Blockchain

Avalanche blockchain developer AVA Labs has closed a $12 million private sale of its AVAX token. The funding round was co-led by Galaxy Digital, Bitmain, Initialized Capital, NGC Ventures and Dragonfly Capital, and included other undisclosed individual investors. The sale precedes a planned public offering of the Avalanche token to U.S. accredited investors and non-U.S. […]

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