Blockchain Network Avalanche Raises $12M USD In Private Token Sale

Investing, News | June 26, 2020 By:

Avalanche, the highly-scalable, open-source platform for launching decentralized finance (DeFi) applications, has raised $12 million in a private token sale. Investors include Galaxy Digital, Bitmain, Initialized Capital, NGC Ventures, Dragonfly Capital, and dozens of other individuals.

Avalanche (previously AVA) has recently gone through a brand consolidation and the closing of its private token sale follows the successful launch of its Denali Testnet,