Quick Take
Avalanche (AVAX) is an open and programmable platform for creating custom blockchain networks and decentralized finance applications.
The Series A was funded by prominent venture capital firms including a16z (Andreeson Horowitz), Initialized Capital, and Polychain in February 19 and has since raised $60 million to date.
The Block has identified 213 projects and companies across 11 different verticals currently expanding on its ecosystem.
Given the recent surge in popularity of Avalanche, The Block has updated our previous ecosystem map of Avalanche.
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