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Avalanche, a leading decentralized finance (DeFi) and gaming platform, has successfully raised $250 million in funding to accelerate the development of its Layer 1 upgrade, further solidifying its position as a driving force in the evolution of on-chain institutional finance.
The significant investment, which brings the total capital raised by Avalanche to over $800 million, will enable the company to enhance its ecosystem, expand its global reach and strengthen its partnership with the financial industry.
Source: coinjournal.net
