South Korea's NHN KCP partners with Ava Labs to build a Layer 1 blockchain focused on merchant payments using Avalanche infrastructure. The network aims for sub-second transaction authorization with onchain encryption to secure payment data. Ava Cloud will help NHN KCP deploy and manage this customizable blockchain, targeting real-world payment use cases including stablecoins and cross-border payments, pending regulatory approval. This project highlights efforts to integrate blockchain into regulated payment systems with enhanced privacy, KYC, and atomic settlement features.
Aave has launched its V4 protocol on the Avalanche blockchain, marking its first expansion beyond Ethereum. This move aims to accelerate lending for tokenized real-world assets such as US Treasuries, money market funds, private credit, and corporate ...
Avalanche's AVAX token trades near $6.49 with technical signs like a double-bottom and bullish divergence suggesting a potential rise to $7.00. However, large holder transfers to exchanges have created short-term selling pressure. The network's real-...
Avalanche's tokenized real-world asset (RWA) value surged 60.47% to $2.1 billion in 30 days, driven by major institutional projects like Bridgetower's $11 billion asset tokenization and BlackRock's $900 million Treasury fund on the network. This grow...
Bridgetower has tokenized an $11 billion copper-gold mining project in Arizona by issuing the AZX1 security token on Avalanche's C-Chain, providing institutional investors exposure to a major commodity-backed digital asset. This initiative is part of...
Progmat, Japan's leading security-token platform, has completed migrating all its managed projects from Corda 5 to a dedicated Avalanche Layer 1 blockchain. This migration preserves existing functions while accelerating rights transfers by three to f...
