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Bitwise Launches AVAX ETF with Built-In Staking at 5.4% Yield
Avax

Bitwise Launches AVAX ETF with Built-In Staking at 5.4% Yield

Bitwise's new Avalanche ETF (BAVA) stakes 70% of holdings for ~5.4% yield. Fund debuts on NYSE at $25.50 with fees waived on first $500M for 30 days.

AVAX Powers Global Telescope Network With Blockchain-Verified Sky Data
Avax

AVAX Powers Global Telescope Network With Blockchain-Verified Sky Data

SkyMapper launches dedicated Avalanche L1 with 52 telescopes across six continents, introducing Proof of Space Observation for verifiable astronomical records.

Avalanche (AVAX) Expands Asia Footprint With $38B Korean Payment Giant NHN KCP
Avax

Avalanche (AVAX) Expands Asia Footprint With $38B Korean Payment Giant NHN KCP

South Korea's largest payment processor NHN KCP partners with Avalanche to build Korea's first payment-dedicated blockchain, processing $38B annually.

Avalanche Foundation Opens Retro9000 Round 2 With New Builder Multipliers
Avax

Avalanche Foundation Opens Retro9000 Round 2 With New Builder Multipliers

AVAX's Retro9000 C-Chain program launches Round 2 with 10x multipliers for Build Games graduates and 5x for new projects. Applications close April 16.

AVAX Ecosystem Pushes Securities Tokenization as Market Hits $800M
Avax

AVAX Ecosystem Pushes Securities Tokenization as Market Hits $800M

Avalanche breaks down three architectural approaches to tokenizing public securities, as the tokenized equities market grows 30x and regulators clarify capital treatment.

Avalanche Foundation Opens $40M Retro9000 C-Chain Grants for AVAX Builders
Avax

Avalanche Foundation Opens $40M Retro9000 C-Chain Grants for AVAX Builders

Avalanche's Retro9000 program now rewards C-Chain builders based on AVAX burn metrics. Top 40 projects split $40M pool with 1.5x boost for newcomers.

CX Chain Launches Gaming-Focused L1 on Avalanche With Provable Fairness
Avax

CX Chain Launches Gaming-Focused L1 on Avalanche With Provable Fairness

CX Chain deploys purpose-built Layer 1 on Avalanche for verifiable casino gaming, featuring onchain poker with zero-knowledge proofs and shared liquidity pools.

Avalanche Foundation Awards $160K to Six Projects in Fourth Retro9000 Cohort
Avax

Avalanche Foundation Awards $160K to Six Projects in Fourth Retro9000 Cohort

Avalanche's $40M retroactive grant program distributes over $160,000 to L1 builders while introducing new C-Chain round rewarding projects by AVAX burned.

Fosun Wealth Launches FUSD Yield-Bearing Stablecoin on AVAX
Avax

Fosun Wealth Launches FUSD Yield-Bearing Stablecoin on AVAX

Fosun Wealth Holdings debuts FUSD, Asia's first yield-bearing RWA stablecoin on Avalanche, backed by money market funds from BNY Mellon and ChinaAMC.

Galaxy Debuts First Tokenized CLO on Avalanche with $75M Issuance
Avax

Galaxy Debuts First Tokenized CLO on Avalanche with $75M Issuance

Galaxy closes its first CLO with $50M anchor from Grove, bringing structured credit products to Avalanche as tokenized RWAs cross $20 billion market-wide.

Avalanche (AVAX) Foundation's Innovative Criteria for Meme Coin Acquisitions
Avax

Avalanche (AVAX) Foundation's Innovative Criteria for Meme Coin Acquisitions

The Avalanche Foundation has established an eligibility framework for purchasing meme coins, focusing on stability, security, and community engagement. This move aims to support projects that add value to the Avalanche ecosystem.

Binance to Remove Liquidity Pools: ADA, APE, AVAX, DOT and More
Avax

Binance to Remove Liquidity Pools: ADA, APE, AVAX, DOT and More

Binance plan to remove several liquidity pools from its Liquid Swap platform, aiming to improve trading experience. The removal will take effect on September 1, 2023. Users with positions in these pools will automatically return their assets to their Spot wallets. However, they can redeem their assets before the removal date.

Avalanche Foundation Announces $4m Incentive Program for Trading Platform GMX
Avax

Avalanche Foundation Announces $4m Incentive Program for Trading Platform GMX

Avalanche Foundation has announced it will grant a $4 million incentive in AVAX tokens for the growth of the decentralized trading platform GMX.

Terraform Labs, Luna Foundation Guard Bought 3.06m AVAX in total: Avalanche Foundation
Avax

Terraform Labs, Luna Foundation Guard Bought 3.06m AVAX in total: Avalanche Foundation

The Avalanche indicates that Luna Foundation Guard (LFG) has no plans to sell the AVAX tokens in its treasury.

Valkyrie Investments Floats New AVAX Dedicated Trust
Avax

Valkyrie Investments Floats New AVAX Dedicated Trust

Valkyrie Digital Assets has launched a new Trust dedicated to granting investors exposure to Avalanche blockchain and underlying cryptocurrency respectively.