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Avalanche completes $250 million financing, with participation from Galaxy Digital and others

Avalanche completes $250 million financing, with participation from Galaxy Digital and others

Bitget2024/12/12 14:00
AVAX-1.88%

On December 12, the Avalanche Foundation announced that it had raised $250 million for its blockchain platform through a private token sale. Galaxy Digital, Dragonfly and ParaFi Capital, along with over 40 other companies participated in the investment. It is reported that in December 2021, the foundation had raised $230 million through a similar token sale.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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