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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.
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AVA Labs, a blockchain protocol founded by Cornell’s Emin Gün Sirer, is planning to distribute 2 million tokens in its final testnet before the project’s full launch in summer.The so-called “Denali Testnet” will serve as the final stage of the AVA network testing before AVA’s mainnet launch. The new testnet
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Travala.com’s proprietary token (AVA) joined the list of crypto assets accepted by cryptocurrency payment processor, CoinGate.According to an exclusive announcement sent to Cryptox on May 21, CoinGate has integrated Travala.com’s native AVA token into its payment system — reportedly used by over 5,000 merchants. CoinGate users will now also be
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Blockchain firm AVA Labs acquired private investment platform Investery to further expand its operations.AVA Labs told CryptoX on Feb. 27 that the acquisition will enhance its financial offering by enabling access to private asset platforms and the issuance of private financial assets. Furthermore, Investery’s existing partnerships will also transition
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In advance of its mainnet launch, Ava Labs has partnered with BlockchainIST Center in Turkey to create blockchain-based products for daily use.BlockchainIST, Turkey’s first university blockchain center, partnered with Cornell University’s Emin Gün Sirer's Ava Labs to develop DeFi products on the Ava Platform. The press event took place
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