Avalanche raises $250 million locked token sale led by Galaxy Digital, Dragonfly and ParaFi Capital

Dec 12, 2024 14:16
Layer 1 blockchain project Avalanche has raised $250 million in a locked token sale led by Galaxy Digital, Dragonfly and ParaFi Capital.The investment will support the Avalanche9000 upgrade, currently in testnet, designed to drastically reduce blockchain deployment and transaction costs.
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