Deep Tide TechFlow News, June 9, according to official news, Bitcoin financial services platform Avalon Labs announced that it has officially destroyed 80 million governance tokens AVL, valued at approximately 16 million USD, accounting for 44% of the current circulating total. The tokens destroyed this time mainly consist of shares that were not claimed by users during the airdrop period.

Earlier news, YZi Labs invested in Avalon Labs to promote the development of the Bitcoin financial ecosystem.