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Key news for the DeFi ecosystem!
Avax launches “Evergreen Subnets” for institutions
1. Institutional advance: Avalanche announced the deployment of “Evergreen Subnets,” a private blockchain solution designed for financial institutions looking to operate with digital assets without leaving the legal framework.
2. What does this mean?
These subnets allow customization of permissions, privacy, and validator control, making it easier to comply with regulations while leveraging blockchain technology.
3. Potential impact:
It could attract banks, funds, and insurers to the Avalanche ecosystem, increasing volume and strengthening the positioning of $AVAX against competitors like $ETH and $ATOM .
1. Institutional advance: Avalanche announced the deployment of “Evergreen Subnets,” a private blockchain solution designed for financial institutions looking to operate with digital assets without leaving the legal framework.
2. What does this mean?
These subnets allow customization of permissions, privacy, and validator control, making it easier to comply with regulations while leveraging blockchain technology.
3. Potential impact:
It could attract banks, funds, and insurers to the Avalanche ecosystem, increasing volume and strengthening the positioning of $AVAX against competitors like $ETH and $ATOM .
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