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Avalon Labs
Series A Round
Past
16 Dec - 23 Dec 2024
Avalon Labs focuses on building financial solutions that enhance Bitcoin’s role in decentralized finance (DeFi). The $AVL token grants governance rights within the Avalon ecosystem, and benefits such as fee discounts, access to AVL Lend, and exclusive incentive programs.
According to an announcement shared with CoinDesk, Avalon Labs, the issuer of the BTC-backed stablecoin USDa, secured $ 10M to grow its Bitcoin DeFi ecosystem. The Series A round was led by Framework Ventures, with participation from UXTO Management, Presto Labs, and Kenetic Capital.
CoinLaunch Score:
Last update:
High
21 Feb 2025
Avalon Labs - Series A Round Overview
start date:
16 Dec 2024
end date:
23 Dec 2024
price:
$0.03
tokens for sale:
100,000,000
Raise:
$10,000,000
Min. Buy:
N/A
Max. Buy:
N/A
Industry:
DeFi
Lock-up:
Tokens had a 12-month cliff, followed by a 12-month gradual vesting
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