The smart contracts platform has made substantial progress within the DeFi space since its launch last year.
The Avalanche Foundation has announced a significant $230M investment from a venture capital group spearheaded by Polychain and Three Arrows Capital for the purpose of supporting the growth of the DeFi ecosystem and their ever-expanding list of applications that utilize the blockchain.Since launching in September 2020, Avalanche has cultivated a burgeoning influence on the DeFi landscape, with its smart contracts platform now providing the infrastructure for over 270 industry projects including SushiSwap, Chainlink, Circle, and The Graph, among others.The $230M capital — raised through the private sale of its native token — will be allocated by the foundation across a multitude of use-cases within its blockchain, including “grants, token purchases, and various forms of investments and technology support.”Emi
Źródło: https://cointelegraph.com/news/avalanche-foundation-raise-230m-to-support-defi-ecosystem
