Avalon Labs raises $10M in a Series A funding round

#AvalonLabs secures $10M in a Series A funding round led by Framework Ventures, with participation from Kenetic Capital, UTXO Management, SNZ Holding, Antalpha Global, Summer Ventures, Comma3 Ventures, GeekCartel, Presto Labs, MARBLEX, Trinito, Taiko and others.

Avalon Labs is a decentralized finance platform focused on providing lending solutions across multiple blockchain ecosystems. Its core offering is a decentralized lending protocol, which uses an isolated lending pool mechanism to manage risk more effectively by segmenting collateral into different risk categories.

๐Ÿ‘‰ x.com/avalonfinance_/status/1871201621193158903