🚀 Bitcoin stablecoin issuer Avalon Labs just closed a strategic funding round!

💼 Led by YZi Labs, with Mirana, CE Innovation Capital, and GSR participating

🔏 Funds to drive regulatory compliance – licenses, public fund setup, etc.

🏛️ Goal: Build a fully compliant on-chain Bitcoin financial institution

According to YZi Labs:

🔹Over 20,000 BTC under management

🔹$500M+ in TVL

🔹300K+ active users

🔹USDa ranks as the #2 CDP project on DeFiLlama

#AvalonLabs #BitcoinFinance