Aave v4 has officially entered the big leagues, hitting a new milestone with $300 million in deposits across Ethereum and Avalanche as of mid-July 2026. This surge underscores the protocol’s accelerating adoption and market appeal in a competitive DeFi landscape.
The Details For those keeping score at home, the $300 million in deposits is complemented by $100 million in active loans, demonstrating robust user engagement and capital flow. This deposit base has ballooned by 50% over the past month alone—a clear indication that the rollout strategy following Aave v4’s Ethereum launch is paying off.
After initially setting up shop on Ethereum’s mainnet on March 30, 2026, Aave expanded its reach by crossing over to Avalanche on July 15, 2026. The protocol’s move into Avalanche territory marks a deliberate effort to tap into a broader DeFi ecosystem, aligning with Aave’s longstanding multi-chain strategy.
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Background Aave, originally known for pioneering decentralized finance lending, has been on a relentless path of innovation. The v4 upgrade isn’t merely an incremental change; it’s a reimagining of what a lending protocol can be. With features like the Reinvestment Module and hub-and-spoke architecture, this latest version aims to enhance capital efficiency and user experience.
This commitment to innovation is embodied in the activity seen beyond financial metrics. Developer engagement, a key indicator of a protocol’s health, has surged. From May to July 2026, the number of core developers grew from around 10 to 15, mirroring the uptick in GitHub output and pointing to an increasingly vibrant development community.
What This Means for Investors For investors with a keen eye on DeFi, Aave v4’s performance could signify larger shifts underway. The nearly 8% rise in the AAVE token price, from $88 to $96, post-announcement, suggests market participants are buying into the platform’s promise. It signals a vote of confidence in Aave’s capability to not only advance technologically but also sustain momentum in the DeFi space.
Moreover, Aave is doubling down on its multi-chain integration strategy. This move could attract projects focused on tokenized real-world assets, a burgeoning aspect of the DeFi arena that could lead to an influx of liquidity. Given the current trajectory, Aave might soon find itself at the epicenter of transformative developments in decentralized finance.
As Aave continues to harness its robust feature set and attract developer talent, traders should keep a close watch on its developments. The platform’s trajectory could lead to increased transaction volumes and smart contract deployments, translating into impactful market trends and investment opportunities.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ocean RWA Finance, Symphony Digital Assets a Alpha Jaguar Capital uzavřely na Avalanche první institucionální sekundární obchod s tokenizovaným soukromým úvěrem. Jde o raný blueprint pro sekundární trh s těmito aktivy.
For years, tokenization of real-world assets has promised to unlock liquidity in traditionally illiquid markets. Private credit, a multi-trillion-dollar asset class run mostly through opaque bilateral agreements, should be a prime beneficiary. Yet most tokenized credit issuances have been primary placements. Investors who onboarded early ended up holding positions with no clear exit. A transaction announced Tuesday suggests that template might finally be fracturing.
According to the original report, Ocean RWA Finance, Symphony Digital Assets and Alpha Jaguar Capital completed what they describe as the first institutional secondary trade in tokenised private credit on Avalanche. The counterparties settled a tokenized credit position, though the precise size and terms were not disclosed. The group framed the transaction as an “early blueprint” for how secondary markets might function in this corner of decentralized finance.
Why Secondary Trading Matters The tokenized asset sector recently crossed the $20 billion mark on-chain, as detailed in BlockchainReporter’s Weekly Tokenization Roundup, but a large share of that value sits in primary issuances and stablecoin collateral. Functional secondary markets remain absent for most tokenized private credit instruments. Without the ability to trade positions mid-tenor, institutional investors face the same illiquidity they would in traditional private debt markets—defeating part of the on-chain value proposition.
A demonstrated secondary trade, even one OTC transaction, provides a template for price discovery and settlement mechanics. It shows that a legal and operational pathway exists for moving a tokenized credit exposure from one regulated entity to another without unwinding the underlying loan. That is the basic plumbing that market makers and eventual automated pools will need.
Avalanche Draws Institutional Plumbing The choice of Avalanche as the settlement layer is not incidental. The network’s subnet architecture permits institutional participants to run permissioned environments with customizable compliance rules while still anchoring to a public chain. That design has made it a venue for several RWA pilots. Developer activity on Avalanche has been climbing, with the chain recently ranking among the top networks in BlockchainReporter’s Top 10 Blockchains by Developer Activity This Week.
Ocean RWA Finance, the transaction’s lead arranger, operates a regulated tokenization platform that integrates on-chain settlement with off-chain legal enforcement. Symphony Digital Assets and Alpha Jaguar Capital are institutional allocators active in digital fixed-income markets. The fact that these firms completed a secondary trade without a centralized exchange intermediary hints at a market structure where bespoke OTC desks and peer-to-peer protocols coexist for sizeable positions.
What the Blueprint Leaves Unanswered One secondary trade does not make a liquid market. The deal was executed as a bilateral transfer between known counterparties, not through a public order book or automated market maker. How price was determined and what kind of spread the seller accepted remain unknown. The wider question is whether a cluster of such trades can grow dense enough to attract third-party market makers willing to hold inventory.
Regulatory posture adds uncertainty. Tokenized private credit instruments sit at the intersection of securities law and credit regulation. Jurisdictional ambiguity could slow the emergence of secondary platforms, particularly if regulators treat such tokens as investment contracts requiring trading venue licenses. The Avalanche trade was conducted between regulated entities, but replicating that model at scale across multiple geographies is a heavier lift.
The other open variable is fragmentation. Multiple chains are hosting tokenized credit issuances, and liquidity could splinter across Avalanche, Ethereum layer-2s, Cosmos app-chains, and proprietary platforms. Standardized token formats and cross-chain messaging will be necessary if secondary markets are to consolidate rather than fracture.
Still, the direction of travel is hard to ignore. Private credit tokenization has moved from proof-of-concept to primary issuance and now to secondary transfer. Each step reduces the friction that has kept institutional capital cautious. The Ocean RWA Finance deal is a small trade in the arithmetic of a $20 billion sector, but its function as an early operational blueprint might matter more than its size. For allocators watching whether tokenized credit can evolve beyond locked-up capital, the blueprint just became a working draft.
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Plume spustil nOPAL na Avalanche a zpřístupnil tokenizované brazilské pohledávky z kreditních karet on-chain. Produkt je krytý institucionálními pohledávkami a od svého vzniku hlásí 0% míru defaultu.
Plume's nOPAL is now live on Avalanche, bringing tokenized Brazilian credit card receivables to one of the fastest-growing ecosystems for institutional private credit.
The launch gives allocators direct access to Brazilian credit card receivables through a tokenized vault, expanding access to an asset class that has traditionally been limited to institutional markets. It also expands nOPAL to Avalanche, connecting Brazilian private credit with a growing ecosystem of institutional issuers and allocators.
What Is nOPAL?nOPAL is a tokenized Plume vault issued by BlackOpal, backed by institutional-grade Brazilian credit card receivables.
When a small business accepts a credit card payment, the funds aren't received immediately. Instead, the merchant holds a receivable that will settle through Visa or Mastercard. BlackOpal purchases those receivables at a discount and collects payment once they settle. Because the receivables are registered with Brazil's Central Bank, collections flow through the existing payment network infrastructure.
The result is exposure to a real-world credit strategy that's now available onchain through Avalanche.
How nOPAL Works
The returns come from real economic activity, not token incentives or crypto market movements. The underlying receivables settle through the same payment networks that process millions of transactions every day, creating a structure designed around established financial infrastructure.
A few numbers that back it up:
0% default rate since inceptionAudited by 0xMacro and SpearbitBacked by BlackOpal's 25+ years of credit market experience and $200M+ in institutional support
Why Avalanche?Avalanche has become one of the leading ecosystems for tokenized private credit, bringing together the infrastructure, issuers, and growing allocator network needed to support institutional markets onchain.
For asset managers, launching on Avalanche means more than accessing high-performance blockchain infrastructure. It means joining an ecosystem where institutional participants are already deploying capital across tokenized assets, helping connect new investment opportunities with active demand.
The network's deterministic finality, high throughput, predictable fees, and EVM compatibility provide the foundation for institutional-grade workflows, while its growing ecosystem continues to attract tokenized credit products from around the world, including a rapidly expanding pipeline across Latin America.
nOPAL adds another example of that momentum, bringing Brazilian receivables onchain through a structure designed for institutional investors and expanding access to one of the region's largest private credit markets.
Open Finance in PracticenOPAL shows what open finance looks like in practice. A real-world credit strategy becomes available onchain, giving allocators more efficient access to institutional assets while preserving the underwriting and settlement processes behind them. As more issuers bring private market assets to Avalanche, the network continues to connect those opportunities with a growing base of capital.
This material is for general informational and educational purposes only and does not constitute financial, investment, legal or tax advice. Tokenized assets involve risk and may not be suitable for all participants. Returns, performance and characteristics of traditional financial instruments may not translate identically to their tokenized counterparts. Always conduct your own research and consult qualified professionals before making decisions involving real-world assets or blockchain-based systems.
Více než 80 000 fanoušků dorazilo na sledovací akci s lístky postavenými na blockchainu Avalanche pro FIFA. Systém už zpracoval přes 100 000 RTB a sekundární objem přesáhl 25 milionů USD.
More than 80,000 people showed up to FIFA World Cup watch parties carrying tickets built on blockchain. Not a single one had to think about wallets, gas fees, or private keys.
The system running underneath those tickets is built on Avalanche, specifically a dedicated Layer-1 chain that Ava Labs and FIFA built together and simply call the FIFA blockchain. The goal from day one was infrastructure that works invisibly, where fans get verifiable, fraud-resistant tickets and never have to know or care that a blockchain is involved.
How the FIFA ticketing system actually works FIFA’s approach uses two distinct digital entitlements: a Right-to-Buy (RTB) and a Right-to-Ticket (RTT). Think of an RTB like a reservation at a restaurant that you can sell to someone else before you ever sit down. It gives the holder the verified right to purchase a ticket, without being the ticket itself.
FIFA separates the right to get a ticket from the ticket itself, and both layers live on-chain where they can be tracked, verified, and transferred, but where fraud, bots, and scalpers have a much harder time operating.
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As of mid-June 2026, FIFA has issued more than 100,000 RTBs, including over 50,000 bundled Club World Cup tickets. Combined secondary-market volume from the RTB and RTT system has crossed $25 million.
The actual match-day tickets are still fulfilled through traditional infrastructure. Blockchain handles the rights management layer upstream, quietly.
FIFA’s longer road to blockchain FIFA did not arrive at Avalanche overnight. The organization previously ran its FIFA Collect digital collectibles platform across multiple blockchain networks before eventually consolidating on Avalanche.
Ava Labs, the company behind Avalanche’s development, has been pushing the dedicated subnet, now called a Layer-1 chain, architecture as the right model for enterprises that want blockchain’s benefits without sharing network congestion with the rest of the crypto ecosystem. A purpose-built FIFA chain means FIFA controls the validator set and governance rules, while still inheriting Avalanche’s consensus mechanism and security architecture.
The FIFA blockchain launched in 2025, giving the system roughly a year of operational runway before the 2026 World Cup cycle hit full stride.
What this means for Avalanche and the broader market For Avalanche as a network, a FIFA partnership is about as high-profile a real-world use case as exists in crypto right now. FIFA’s 2026 World Cup is projected to be one of the most-watched sporting events in history, expanding to 48 teams and spanning the United States, Canada, and Mexico.
The $25 million in secondary-market volume generated so far comes from the rights layer, before most of the primary tournament games have even been played.
The broader market implication cuts across the ticketing industry. Live event ticketing is a sector with well-documented problems: bot purchases, fraudulent resales, and opaque pricing have frustrated fans and organizers for decades. FIFA’s multi-year commitment and the decision to build a dedicated chain rather than use a shared network suggests a longer-term architectural bet, not a marketing experiment.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Aave spustilo Aave V4 na Avalanche, což je jeho první nasazení mimo Ethereum. Platforma má podpořit specializované úvěrové trhy pro tokenizovaná aktiva a institucionální finance.
Aave, which operates one of the largest onchain lending markets, has launched Aave V4 on Avalanche as it looks to accelerate lending for tokenized assets and institutional finance, according to a Wednesday statement.
The move marks Aave V4’s first deployment beyond Ethereum. Avalanche is a high-performance blockchain network designed to support digital finance, including decentralized finance, real-world asset tokenization and institutional blockchain applications.
The launch aims to enable specialized credit markets backed by tokenized real-world assets and extends Aave’s long-standing presence on Avalanche, where its V3 protocol has facilitated billions of dollars in liquidity. It also serves as the blueprint for Aave V4’s multichain expansion strategy, with future deployments tailored to the strengths of individual blockchain ecosystems.
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Aave said the deployment leverages Aave V4’s Hub and Spoke architecture to support future tokenized asset markets with dedicated borrowing markets, shared liquidity infrastructure, and tailored collateral and risk frameworks.
According to Aave Labs founder Stani Kulechov, Avalanche’s combination of an established Aave ecosystem and growing tokenization activity makes it the ideal first destination for expansion.
“Aave V4 was designed to enable new credit markets at internet scale. Avalanche is a natural destination for the first expansion of Aave V4 beyond Ethereum because it combines a mature Aave lending market with a rapidly growing ecosystem for tokenized assets,” Kulechov commented on the move.
“That combination creates new opportunities to deepen liquidity, improve capital efficiency, and expand access to borrowing against tokenized assets. That’s exactly why one of the first markets we plan to launch on Avalanche is a dedicated credit market for tokenized assets,” he added.
Ava Labs President John Wu said the integration advances the use of tokenized assets by giving institutions access to borrowing and liquidity infrastructure comparable to traditional financial markets.
“The next phase of tokenization is about putting assets to work, not just bringing them onchain,” Wu stated. “Aave V4 on Avalanche is an important step toward making that a reality and advancing the shift to a more efficient, onchain financial system.”
Aave said the platform is designed to support tokenized real-world assets including US Treasuries, money market funds, private credit, and corporate bonds.
The team added that one of the first planned deployments on Avalanche will be a dedicated market for tokenized assets, allowing institutions to borrow against tokenized collateral while accessing Aave’s shared liquidity network.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Aave V4 je nyní spuštěn na Avalanche a jde o první multichain nasazení nové architektury Hub and Spoke. Startuje s Core Liquidity Hubem, Main trhem, AVAX Correlated trhem a Forex trhem.
Aave V4 is now live on Avalanche, bringing V4’s all-new Hub and Spoke architecture to a network where Aave has a long track record of success. This is V4’s first multi-chain deployment, and it launches with one Core Liquidity Hub and a Main market, AVAX Correlated market, and Forex market.
Five Years on Avalanche Aave was first deployed on Avalanche in 2021, when V2 launched during the Avalanche Rush program and quickly became one of the network's largest protocols. Avalanche then became one of the early networks to run Aave V3 in 2022.
On Avalanche, Aave has held billions of dollars at its peaks and has processed more than $15 billion in all-time cumulative inflows across V2 and V3. Today the V3 market supports 18 assets, with stablecoin utilization running above 90 percent signaling the high borrow demand
Avalanche V4 Deployment The Core Liquidity Hub holds the deployment's shared liquidity in WAVAX, sAVAX, BTC.b, USDC, USDT, WETH.e, and EURC. Every market draws from this single pool, so liquidity stays deep instead of fragmenting across separate venues.
The Main market is the general-purpose venue for lending and borrowing, and it is expected to hold the majority of the deployment's liquidity. It accepts the broadest collateral set in the deployment, with users supplying WAVAX, BTC.b, USDC, USDT, or WETH.e and USDC, USDT, EURC, WAVAX, BTC.b, and WETH.e as borrowable assets.
The AVAX Correlated market is dedicated to AVAX liquid staking strategies. Users can supply sAVAX at a 95 percent collateral factor and borrow WAVAX as the only borrowable asset.
Lastly, the Forex market supports trading and hedging across fiat-pegged stablecoins. EURC, USDC, and USDT each serve as collateral and can be borrowed against one another, with conservative caps set at launch to account for EURC's limited secondary market liquidity.
Getting Started Avalanche users can supply and borrow on V4 today. Find the Avalanche market on Aave Pro to get started. The full deployment specification, including risk parameters and caps for every asset, is available on the Aave governance forum.
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Progmat přesunul všechny spravované projekty security tokenů na Avalanche a zpřístupnil více než 452 miliard ¥ v podkladových aktivech a vydaných cenných papírech jako EVM-kompatibilní.
Progmat has completed the migration of its security-token platform from Corda 5 to a dedicated Avalanche Layer 1.
Summary
Progmat migrated every managed security-token project to Avalanche while preserving existing functions and institutional controls. Rights transfers run three to five times faster, according to Progmat’s internal tests and estimates. Crypto.news coverage shows Avalanche’s tokenized asset market expanding across funds, stocks, treasuries, and credit products. The company said every active project on the platform moved to the new network. Those projects represent more than ¥452 billion in underlying assets and issued securities. The migration makes the platform’s security tokens compatible with the Ethereum Virtual Machine, or EVM. Progmat describes itself as Japan’s leading security-token platform by domestic market share.
The company carried out the work under Project Keystone. Progmat redesigned the system so its business functions no longer depend on one blockchain. It added a mediator layer between applications and the ledger. The structure allows the platform to connect with other chains later while keeping its existing issuance, ownership and transfer processes. A dedicated Avalanche L1 can also use rules tailored to regulated financial products.
Progmat, Japan's largest STO platform, is now live on @avax
"All ST projects (over 452 billion yen) are now EVM-compatible, achieving both financial institution-level requirements and the utilization of public chains.
Rights transfers are accelerated 3-5 times faster than… https://t.co/xeMVc8EM8e
— Justin Kim (@justinkim415) July 13, 2026 Rights transfers become faster Progmat said the new setup processes rights transfers three to five times faster than the earlier system. Avalanche transactions reach finality in less than two seconds, according to the company.
“Rights transfers are accelerated three to five times faster,” Progmat said.
The speed figure comes from Progmat’s internal testing and has not been independently verified. Finality records a completed network transaction, but it does not cover every banking or administrative step around a trade.
The company also moved its smart contracts from Java-based Corda code to Solidity-based EVM contracts. Progmat said it kept current functions and service requirements during the switch. It also said the migration caused minimal disruption for issuers. Existing users did not need to rebuild their products. EVM support gives developers access to Ethereum-based tools, but it does not make regulated securities freely available to public wallets.
AvaCloud supports institutional controls AvaCloud supplies the dedicated Avalanche network and operating services. Progmat said the setup meets SOC 1 and SOC 2 Type II assurance standards. Progmat and Ava Labs also created a response system for outages during nights and holidays.
The firms aim to meet the control and availability standards used by regulated financial companies. The network remains application-specific rather than operating as an unrestricted retail trading venue.
AvaCloud chief executive Nick Mussallem called the transfer of more than ¥452 billion in regulated securities a test for institutional infrastructure. However, that assessment came from a company involved in the migration.
Progmat has not released public transaction data showing how the new network performs during peak demand or across a large investor base. The company also has not announced new trading volumes tied directly to the change.
Progmat prepares for cross-chain settlement The migration gives Progmat a base for planned links between security tokens, stablecoins and tokenized bank deposits. Datachain said in February that the partners plan cross-chain services for delivery-versus-payment and payment-versus-payment transactions.
These systems would exchange assets and payments across different networks in one coordinated process. Progmat said its revised design can support more than one chain when asset features or investor needs differ.
Elsrwhere, BlackRock’s BUIDL fund reached about $900 million on the network, while Avalanche’s distributed real-world assets stood near $2.10 billion.
As crypto.news reported, Progmat will support a Metaplanet and JPYC study into Bitcoin-backed digital credit. That project remains under review, with no issued product or fixed terms. Securitize also placed its listed shares on Avalanche and Solana in July.
BlackRockův BUIDL na Avalanche překročil 900 milionů USD v AUM, zhruba dvojnásobek oproti 464 milionům před týdnem. Jde o největší tokenizovaný treasury produkt on-chain na Avalanche.
BlackRock’s BUIDL, a tokenized U.S. Treasury money market fund on the Avalanche blockchain, has reached over $900 million in assets under management (AUM). This notable increase, from approximately $464 million just a week ago, highlights a significant surge in institutional interest in tokenized assets on Avalanche. The BUIDL fund, maintaining a stable value of $1.00 per token with daily accrued dividends, has become the largest tokenized treasury product on-chain and the biggest real-world asset (RWA) on Avalanche. This development underscores Avalanche’s rising prominence as a key player in the institutional tokenization sector, second only to Ethereum in terms of BUIDL’s AUM.
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Key Takeaways BlackRock’s BUIDL fund on Avalanche has seen its AUM increase from $464 million to over $900 million within a week. The rapid growth in BUIDL’s AUM suggests accelerating institutional adoption of Avalanche for tokenized assets. Avalanche is now the second-largest blockchain for BUIDL by AUM, reinforcing its role as a leading institutional tokenization venue. What to Watch The surge in BUIDL’s AUM could indicate broader institutional adoption of blockchain-based financial products, potentially influencing Ethereum price predictions. Market participants may monitor whether this trend continues and if other blockchains follow suit in attracting large institutional investments. Observers will also be keen to see if BlackRock’s growing involvement in tokenized assets impacts Ethereum-related markets and if similar trends develop within the Ethereum ecosystem.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 59.5% — — View market → August 1 2026 3.2% — — View market → August 1 2026 30% — — View market → August 1 2026 6% — — View market → August 1 2026 2.2% — — View market → August 1 2026 0.1% — — View market → August 1 2026 14% — — View market → August 1 2026 13% — — View market → August 1 2026 1.6% — — View market → August 1 2026 2.8% — — View market → August 1 2026 4.2% — — View market → August 1 2026 6.6% — — View market → August 1 2026 0.3% — — View market → August 1 2026 0.2% — — View market → August 1 2026 0.4% — — View market → August 1 2026 0.9% — — View market → August 1 2026 59.5% — — View market →
Hyundai Card na Avalanche vypořádala mezifiremní převod 20 000 USD v USDT za zhruba 7 minut, oproti 3 až 4 hodinám přes bankovní infrastrukturu. V Evropě chystá pilot s Visa a Circle na konec července 2026.
10 July 2026 | 19:31 Hyundai Card settled a $20,000 intercompany transfer between U.S. and Mexico affiliates in about seven minutes using USDT on Avalanche, with a European pilot involving Visa and Circle scheduled for late July 2026.
The pilot matters not because of the amount moved, but because it treats stablecoins as corporate treasury infrastructure rather than as a crypto investment product.
Key Takeaways $20,000 converted to USDT on Avalanche, settled in an average of 7 minutes, versus 3 to 4 hours through interbank rails. Participants included Hyundai Card, Hyundai Motor America, Hyundai Motor Mexico, Tether, Ava Labs, and Axiym. European subsidiaries, multi-currency, with Circle (USDC/EURC) and Visa as partners, scheduled to begin end of July 2026. South Korea’s Foreign Exchange Transactions Act does not recognize stablecoins as a legitimate cross-border payment instrument. Seven Minutes From Dollars to Dollars Hyundai Motor America converted $20,000 into USDT, transferred the tokens over Avalanche to Hyundai Motor Mexico, and the Mexican entity converted the stablecoin back into fiat on arrival. End-to-end, including verification and reconversion, the process averaged seven minutes. The same transaction routed through correspondent banking would ordinarily require three to four hours at minimum, with additional intermediary hops and per-hop fees.
The important qualifier from Hyundai Card is that this was an actual intercompany settlement, not a sandbox test with synthetic funds. Real corporate money moved between real subsidiaries for a real reconciliation purpose. That distinction is what separates this from the dozens of blockchain proofs of concept that never leave a lab environment.
Why Avalanche, and Why It Matters for Enterprises Hyundai is not using Avalanche the way a retail wallet user would. The architecture Ava Labs offers to corporates is the Subnet, a permissioned environment where only approved validators process transactions and where the parent company can dictate the rules of the network.
For a multinational, three properties of this design carry weight: Validator geofencing. European transactions can be routed exclusively through validators located in approved jurisdictions, which addresses data-residency requirements under EU compliance frameworks. Gas abstraction. Instead of forcing every subsidiary to hold AVAX to pay for transactions, the parent can operate a corporate-funded or zero-gas model. Subsidiaries interact with the rail as if it were an internal system. Access control. Whitelisted wallets and pre-approved smart contract interactions replace open-network exposure. Few, if any, of these features exist in the same form on an unpermissioned public chain. They are the reason enterprise stablecoin pilots have tended to converge on subnet-style or permissioned architectures rather than on unmodified Layer 1 rails.
The Compliance Layer Is the Real Product The technology piece of a seven-minute cross-border transfer is not, on its own, novel. What Hyundai Card actually built, and the reason the pilot is being treated as significant, is the compliance scaffolding around the transfer.
According to the company’s disclosure, Hyundai Card led reviews of accounting treatment, tax exposure, legal standing, and internal-control frameworks across both jurisdictions before running the transfer. The design depends on whitelisted corporate wallets, KYC and AML controls at the entity level, pre-approved smart contract access, and stablecoins whose issuers, Tether and Circle, can freeze tokens if a compliance event occurs.
That last property is a feature for a corporate treasurer and a bug for a decentralization purist. For Hyundai, the ability to freeze tokens in a compromise scenario is precisely what makes the rail acceptable to auditors and internal risk committees.
The Accounting Question the Press Release Skips Stablecoins are pegged to fiat, but under standard IFRS treatment they are generally not classified as cash equivalents, because they are not central-bank legal tender. The likely accounting path for the $20,000 in the Hyundai pilot is a three-step recognition: short-term digital asset or financial instrument on the sending side, intercompany receivable and payable during the transit window, and cash on the receiving side after reconversion.
The seven-minute transit window is significant, and not merely for its speed. A short window sharply reduces the risk of a realized FX difference materializing between the moment the asset leaves one balance sheet and the moment it arrives on another. In a three-to-four-hour correspondent transfer, that risk is measurable. In a seven-minute settlement, it is close to negligible.
This is where the reduction in settlement time translates into a specific accounting benefit, not merely a convenience.
Phase Two Changes the Test The U.S. to Mexico pilot moved dollar value between two dollar-linked entities. That is the easiest possible test case. The European phase, with Circle and Visa as new partners, changes the economic question.
Circle can support a dual-stablecoin structure using USDC on the dollar side and EURC on the euro side. That opens the possibility of on-chain foreign-exchange conversion through stablecoin liquidity pools or through Circle’s own settlement routes, rather than through bank-provided FX spreads. Visa’s contribution is corporate payout infrastructure: prefunding, fiat exit routes, and integration with local bank account rails.
The real measurement in Phase Two is not settlement speed, which has already been demonstrated. It is whether the total cost of a multi-currency intercompany transfer, including FX conversion, comes in below the equivalent bank-provided route.
The Korean Regulatory Contradiction The pilot’s commercial ambitions must be weighed against South Korea’s regulatory stance, which is where the true tension in this narrative lies.
Korean authorities have moved to exclude dollar-backed stablecoins including USDT and USDC from the recognized scope of corporate digital-asset activity. The Foreign Exchange Transactions Act does not formally recognize stablecoins as a legitimate means of cross-border payment. The Bank of Korea has consistently leaned toward a central-bank digital currency and bank-issued deposit tokens as its preferred settlement instruments rather than private stablecoins.
That preference is already operational. The BOK’s Project Hangang has moved into its second phase, expanding to nine commercial banks and adding P2P transfers and AI-agent payment capabilities, while the Digital Asset Basic Act that would govern private stablecoin issuance remains delayed.
Against that backdrop, a Hyundai Motor Group subsidiary is running production-ready stablecoin remittance rails using USDT and preparing to test USDC and EURC. The commercial pull of faster and cheaper settlement is running ahead of the domestic regulatory framework, and the pilot effectively puts corporate weight behind the argument that Korean rules need to be updated.
The framing here is not that Hyundai is defying regulators. It is that a multinational operating under multiple jurisdictions is building infrastructure for a use case its home regulator has not yet blessed, and doing so publicly.
The Limits of a $20,000 Test The pilot proves that a $20,000 intercompany transfer can settle in seven minutes with full compliance review across two jurisdictions. It does not prove that the same architecture scales to hundreds of transfers per day across a dozen currencies with FX efficiency intact. Phase Two is designed to test exactly that.
It also does not resolve the accounting classification question in a way that generalizes to every corporate. IFRS treatment of stablecoins remains an evolving area, and the answer for a Korean conglomerate operating in the U.S. and Mexico may not translate directly to a European manufacturer operating in Asia.
If the European phase shows a favorable cost result once fees, spreads, and reconversion are aggregated, the case for corporate stablecoin treasury rails moves from operational curiosity to competitive necessity. If it does not, the pilot remains a speed story rather than a cost story.
The distinction matters because CFOs approve budgets against cost savings, not against settlement latency.
This article is for informational purposes only and does not constitute financial, investment, tax, or legal advice. Always conduct your own research before making decisions related to digital assets or corporate treasury strategies.
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Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
Stablecoinová nabídka na Avalanche za sedm dní vyskočila o 46 % na více než 1,8 miliardy USD. Síť tím přeskočila Plasma i XRP Ledger a posunula se na 11. místo mezi stablecoinovými sítěmi.
Avalanche Stablecoin Supply Jumps 46% in Seven DaysAvalanche's stablecoin supply has posted one of its sharpest weekly gains on record. According to data shared by @BSCNews, the total stablecoin supply on @Avax surged 46% in just seven days, pushing the figure above $1.8 billion at time of writing. The move has lifted $AVAX into 11th place among all stablecoin networks globally, overtaking both @Plasma and @ripple's $XRP Ledger in the process.
The milestone is notable not just for its speed but for the broader trajectory it reflects. According to Token Terminal data, the combined market cap of stablecoins and tokenized funds on Avalanche climbed from roughly $1.2 billion in January 2024 to just above $2 billion in January 2026, representing a roughly 70% increase over two years. The latest weekly spike suggests that pace is now accelerating.
Institutional Momentum and Network Growth Behind the MoveThe stablecoin surge does not exist in isolation. Avalanche has been building institutional momentum across several fronts in 2026. Avalanche formally launched the Avalanche Payments Collective, an alliance of 28 major organisations including Franklin Templeton, VanEck, and Paxos, aimed at unifying stablecoin settlement, treasury infrastructure, and foreign exchange into a single blockchain-based framework spanning more than 150 countries.
Major financial institutions such as J.P. Morgan, Apollo, and Citi are also using Avalanche for real-world asset tokenization and backend infrastructure. That institutional engagement has helped attract deeper stablecoin liquidity to the network, providing a structural foundation beneath the latest supply figures.
On the technical side, Avalanche's C-Chain can process roughly 88% more transaction throughput than Ethereum while pricing transactions at approximately one-fiftieth of the cost, and it can rapidly increase block size during periods of high demand. Those performance characteristics make it a practical choice for stablecoin issuers and settlement-focused applications looking for speed and low cost.
The credit for building the infrastructure that underpins these results sits largely with the @AvaLabs team, whose continued development work has positioned Avalanche as a credible institutional-grade settlement layer heading into the second half of 2026.
Sources:
Yahoo Finance: Avalanche posts 70% surge in stablecoin and tokenized fund market cap in 2 years
VanEck: Avalanche 201, The Institutional Platform
DefiLlama: Avalanche Stablecoin Market Cap and Supply
NEC a Ava Labs podepsaly memorandum o porozumění (MOU) ohledně vývoje architektury, která na Avalanche spojí biometrické ověření identity a vypořádání plateb ve stablecoinech v jednom kroku. Biometrická data se přitom nebudou ukládat on-chain.
Biometric Identity Comes to Avalanche@NEC and @Avax have signed a Memorandum of Understanding (MOU) to jointly develop a whitepaper outlining how NEC's biometric FaceVC technology and Avalanche's multi-chain architecture could verify identity and settle stablecoin payments in a single step, without ever storing biometric data on-chain. The deal marks a significant step toward bringing sovereign identity verification into decentralized infrastructure.
NEC brings considerable real-world scale to the collaboration. The Japanese technology giant operates more than 1,000 active biometric systems across 70 countries and regions, covering applications from immigration control and national ID programs to banking and public safety. Its FaceVC product issues verifiable credentials anchored to NEC's face recognition technology, allowing a business to confirm both the credential and the identity of the person presenting it, addressing a longstanding gap in digital verification where impersonation remains difficult to detect.
The integration is set to use @Avaxsubnets, Avalanche's customizable Layer 1 framework, to host biometric-secured transaction flows. By anchoring authentication to hardware-linked biometric data, the architecture is designed to remove reliance on traditional mnemonic seed phrases, a vulnerability that has led to significant losses for both retail and institutional users.
Why It Matters for Institutional Blockchain AdoptionThe partnership fits into a broader push by Ava Labs to position $AVAX as enterprise-grade infrastructure. Avalanche's multi-chain design allows institutions to deploy purpose-built networks with their own compliance rules while remaining connected to the wider ecosystem, a feature that has attracted partners ranging from asset managers to government agencies in recent quarters.
For NEC, the move extends its biometrics footprint into the blockchain space. The company's algorithms are rated number one for speed and accuracy by the National Institute of Standards and Technology (NIST), and it has spent decades deploying identity systems at a government and enterprise scale. Pairing that track record with Avalanche's settlement speed creates a credible case for biometric-verified decentralized services.
The planned whitepaper will detail how the combined system handles identity confirmation and payment finality without exposing sensitive biometric data on a public ledger, a design consideration that will likely be central to any regulatory review of the technology.
Sources:
Avalanche Official Website, Ava Labs and NEC MOU Announcement
NEC Face Recognition: Biometric Authentication
NEC Technical Journal: FaceVC and DID/VC Identity Verification
Primit se oficiálně nasazuje na Avalanche a spouští 14denní Season 1 s odměnami v hodnotě 100 000 USD v AVAX. Akce startuje 15. července a cílí na obchodníky s on-chain perpetual kontrakty.
Primit today announced its official deployment on the Avalanche network, with the launch of Season 1: Primit × Avalanche “On-Chain Perp Frenzy” set for July 15. The 14-day trading incentive event features a total reward pool of 100,000USD equivalent in AVAX, open to all on-chain perpetual contract traders.
Strategic Significance Primit selected Avalanche as its launch chain based on its sub-second finality and minimal gas costs. For perpetual trading, every millisecond of latency impacts liquidations and position safety. Avalanche’s architecture is inherently suited for high-concurrency, low-latency DeFi scenarios, while Primit’s orderbook and funding rate mechanisms deliver a CEX-grade experience on-chain.
“We’re not simply deploying a frontend on Avalanche — we’re bringing the full perpetual infrastructure onto the chain,” the Primit team stated. “Season 1 has a clear objective: prove that on-chain perpetual trading is ready to handle professional-grade demand through real trading volume.”
Season 1 Mechanism Preview The event features four reward mechanisms covering the full spectrum from retail to professional traders:
Daily Random User Rewards: 20 users with ≥$200 daily trading volume randomly selected each day to share a $400 pool. 280 total winners over 14 days. Twitter Contributor Rewards: $3,000 pool rewarding high-quality tutorials, strategy analysis, and risk management content posted with #Primit #Avalanche. Referral Rebate Mechanism: $50,000 total pool distributed proportionally by valid referral trading volume. No individual cap. Volume Leaderboard: Top 120 traders share $37,800, with Top 1 receiving $4,000. AVAX-related pairs receive a 1.5x volume weighting multiplier. Long-Term Value: Tiered Fee Structure Primit is simultaneously launching a cumulative volume-based tiered Maker/Taker fee structure. This system will remain as a permanent platform standard after Season 1 ends, combining with Avalanche’s low gas costs to form a sustainable competitive advantage.
About Avalanche Avalanche is a high-performance, interoperable Layer 1 blockchain platform achieving high throughput and rapid finality through its unique consensus mechanism — a preferred infrastructure for DeFi and institutional-grade applications.
About Primit Primit is a next-generation on-chain perpetual contract trading platform focused on delivering low-latency, low-fee, fully transparent on-chain derivatives trading.
Event Portal: https://primit.io/ or https://app.primit.io/trade
Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
Hyundai Card dokončila na Avalanche první mezifiremní vypořádání se stablecoinem, když mezi dceřinými firmami Hyundai Motor v USA a Mexiku převedla 20 000 USDT za průměrně sedm minut.
Hyundai Card just pulled off something that usually takes banks days to fumble through. The financial arm of Hyundai Motor Group completed a real stablecoin-based intercompany settlement on the Avalanche blockchain, moving $20,000 in USDT between Hyundai Motor subsidiaries in the US and Mexico. The whole thing took an average of seven minutes.
For context, traditional cross-border wire transfers between corporate entities can take anywhere from one to five business days, involve multiple intermediary banks, and rack up fees at every hop.
How the remittance layer works The proof-of-concept, completed on July 9, brought together four key players: Hyundai Card, Tether, blockchain infrastructure firm Axiym, and Ava Labs, the team behind Avalanche. Here’s the basic flow: $20,000 USD was converted into Tether’s USDT stablecoin and routed across borders on Avalanche’s network to settle obligations between Hyundai Motor’s overseas branches.
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This wasn’t a sandbox experiment with fake money. The trial involved actual intercompany settlements, real funds moving between real subsidiaries.
Axiym, the less familiar name in the group, served as the bridge connecting traditional payment rails to blockchain-based settlement.
Why a card company leading this matters This is reportedly the first stablecoin remittance initiative led by a card company. Hyundai Card isn’t some fintech startup experimenting with blockchain for a press release. It’s a subsidiary of Hyundai Motor Group, a conglomerate with a market presence spanning dozens of countries.
What comes next Hyundai Card isn’t stopping at the US-Mexico corridor. A follow-up trial is planned for the end of July 2026, this time involving European subsidiaries. The European test could be even more interesting because it may integrate local currencies, Circle’s USDC stablecoin, and Visa into the framework.
The broader ambition appears to be integrating stablecoins into Hyundai Motor Group’s treasury management operations globally.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Team1 z Avalanche spustil program Builder Grants pro rané vývojáře. Mini Grants mají strop 10 000 USD a Accelerator Grants mohou dosáhnout až 30 000 USD.
Team1, the global community arm of the Avalanche ecosystem, has rolled out a new Builder Grants program designed to put money directly into the hands of early-stage builders. The program offers two tiers of funding: Mini Grants of up to $10,000 and Accelerator Grants that can reach $30,000.
The program launched on July 1, 2026.
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Two tiers, two different builders Mini Grants, capped at $10,000, target what Team1 calls “budding entrepreneurs.” Accelerator Grants step things up to $30,000 and come with a more rigorous selection process. A voting committee made up of both Avalanche insiders and community members decides who gets funded.
Team1’s growing role in Avalanche Team1 isn’t new to the Avalanche ecosystem, and it isn’t operating on a shoestring budget. The group received a $1.15 million grant from the Avalanche Foundation back in December 2024, funding that was earmarked for community support and operational expansion.
The organization now claims more than 450 members spread across over 40 countries. Its playbook includes events, workshops, and educational resources, all aimed at converting curious developers into active Avalanche builders.
What this means for the Avalanche ecosystem and investors The $1.15 million that the Avalanche Foundation invested in Team1 in late 2024 is now being recycled into direct builder support. For AVAX holders, more builders on Avalanche means more applications, which means more transactions, which means more demand for the network’s native token.
The limited external coverage of this initiative suggests Team1 is playing an inside game, focusing on converting its existing community of 450-plus members into active builders rather than making a splash for the broader crypto market.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Securitize se začala obchodovat na NYSE pod tickerem SECZ a zároveň spustila tokenizovanou verzi svých běžných akcií přes svou regulovanou platformu. Jde o první nově veřejnou společnost, která od začátku své existence jako kótovaný byznys uvedla vlastní akcie onchain. Tokenizované SECZ jsou dostupné na Avalanche a Solana po splnění onboardingových, identifikačních a jurisdikčních kontrol.
Securitize began trading on the New York Stock Exchange under the ticker SECZ on Thursday and launched a tokenized version of its common stock through its regulated platform.
Securitize is now officially a public company, listed on the @NYSE under the ticker SECZ.
Our focus is unchanged: building the regulated infrastructure for the next generation of capital markets.
To everyone who helped us get here, thank you.
Tokenize the World. pic.twitter.com/XVhjA5udA9
— Securitize (@Securitize) July 2, 2026
The listing follows the completion of Securitize’s business combination with Cantor Equity Partners II. The company has brought more than $4 billion in assets onchain through its tokenization infrastructure.
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Eligible investors in the United States will be able to access tokenized SECZ on Avalanche and Solana after completing onboarding, identity verification and jurisdictional eligibility checks.
The tokens are intended to represent the same common stock trading on the NYSE rather than a synthetic product, offshore wrapper or separate share class. Tokenization changes how ownership is recorded and transferred but does not alter the legal nature of the underlying shares or remove applicable transfer restrictions.
Securitize said the rollout makes it the first newly public company to bring its own stock onchain from the start of its life as a listed business. Based on expected shareholder participation, the company also expects SECZ to become the world’s largest tokenized stock.
The launch builds on Securitize’s broader effort to bring public equities onto blockchain infrastructure while preserving direct ownership and shareholder rights. Its platform has previously worked with asset managers including BlackRock, Apollo, KKR and VanEck on tokenized investment products.
Securitize plans to expand the functionality and market infrastructure surrounding tokenized SECZ as its onchain shareholder base develops.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
While price action has long dominated the cryptocurrency market, attention in 2026 is steadily shifting toward the technical foundations of blockchain networks. With Ethereum, Solana and Avalanche preparing for some of their most ambitious protocol upgrades to date, Coinbase’s layer-2 network Base activated its Beryl hard fork just last Friday. In contrast, Bitcoin developers remain deadlocked over several contentious proposals and have yet to reach consensus.
Focus shifts from speed to resilienceTim Sun, a senior researcher at Hong Kong-based asset manager HashKey Group, explained that previous protocol upgrades have typically prioritized adding new features, speeding up transactions and boosting capacity. However, Sun observed that by 2026, the industry’s priorities are tilting towards more predictable governance, greater reliability and the development of robust, enterprise-scale infrastructure to support widespread financial use cases.
Tim Sun stresses that, looking ahead to 2026, simply adding more features is no longer the main concern; instead, reliability and institution-grade infrastructure are taking center stage.
Spotlight on Ethereum’s Glamsterdam upgradeAmong Ethereum’s key roadmap milestones, the Glamsterdam upgrade stands out as one of this year’s most pivotal steps. Currently being tested on developer networks, it is expected to roll out to the mainnet in the second half of 2026. Planned changes include improved scalability, reinforcement of the layer-1 base, and a streamlined user experience aimed at simplifying network usage.
Sun noted that the upgrade could enable higher transaction throughput, expand data capacity, and reduce database bloat. The overarching goal is to make Ethereum a more favorable environment for stablecoin settlements and on-chain use of real-world assets.
Holly Atkinson, chief product and technology officer at 1inch, described Glamsterdam as Ethereum’s most significant upgrade since The Merge in September 2022. One highlight is ePBS—short for enshrined proposer builder separation—a structure aimed at making block creation and proposal processes more transparent. However, RuleSpark founder Pavan Kaur cautioned that while this step might help, it will not eradicate maximal extractable value (MEV) issues altogether, as some harmful practices may simply adapt and persist in new forms.
Mini glossary: ePBS stands for enshrined proposer builder separation. It aims to clarify the distinction within the protocol between validators who propose blocks and entities that build their content, with the objective of minimizing concentration in transaction sequencing.
Solana and Base aim for lightning-fast confirmationsOn the Solana front, the Alpenglow upgrade is the year’s most significant development. After receiving strong backing in governance votes in September 2025, Alpenglow is still under development and slated for release in the latter half of 2026 alongside the Agave 4.1 validator client. This system will replace the current TowerBFT mechanism with an innovative voting component named Votor.
One of the most concrete impacts is a dramatic reduction in transaction finality time. The goal is to bring finality down to between 100 and 150 milliseconds under optimal network conditions, compared to the present average of approximately 12.8 seconds. The upgrade also targets reducing network load by removing on-chain voting operations, ultimately improving validator communication efficiency.
NetworkUpgradeKey objectiveEthereumGlamsterdamScalability and stronger layer 1SolanaAlpenglowCut finality time to 100–150 msBaseBerylReduce withdrawal time from 7 to 5 daysAvalanchePost-Etna L1 modelLower custom chain setup cost by over 99%Elsewhere, Base deployed its Beryl hard fork following a brief sequencer outage that paused block production for about two hours due to an invalid block. Jesse Pollak, one of Base’s co-founders, emphasized that users’ assets remained unaffected by the disruption, but acknowledged the downtime was unacceptable and added that lessons learned will help reinforce Base as a round-the-clock global financial platform.
Jesse Pollak underscores that user funds were secure during the incident, but says Base recognizes the network pause was not acceptable and is using this experience to guide technical improvements.
According to Base documentation, the Beryl hard fork introduces the B20 native token standard, shortens withdrawal finality from seven days to five, and implements the Reth V2 integration. These updates are expected to decrease node storage requirements and enhance execution efficiency.
Avalanche goes institutional, Bitcoin debates persistOn Avalanche, there is less focus on a single named hard fork and more on sweeping changes to attract enterprise users and boost performance. According to Sun, the Etna hard fork replaced the legacy subnet model with a system of sovereign Avalanche L1 chains, slashing the startup cost for launching a private blockchain by over 99%. He also highlighted that Progmat, which he says represents about 63% of Japan’s security token market, recently moved more than $2 billion in tokenized assets to a dedicated Avalanche L1 chain.
Bitcoin, meanwhile, stands apart from rival networks. Its main challenges in 2026 are not scheduled upgrades but debates over whether to make the protocol more programmable or to strengthen it against quantum computing threats. Proposals like OP_CAT, CTV and Lightning-focused LNHANCE—each associated with covenants and programmability—remain under discussion but lack an agreed activation path. Proposals such as BIP 360 and similar efforts to ease the shift to quantum-resistant spending methods are also still on the table without a clear consensus.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Avalanche Treasury Corp varovala regulátory, že kvůli ztrátám z AVAX a tlaku na likviditu by letos nemusela přežít. Její akcie za měsíc spadly o více než 90 %.
TLDRAVAX Holdings Decline and Balance Sheet PressureStock Collapse Follows AVAX Treasury StrategyOther AVAX Treasury Firms Show Similar DeclinesGet 3 Free Stock Ebooks Avalanche Treasury Corp told regulators it may not survive the year due to financial strain. The company cited “substantial doubt” about its ability to continue as a going concern. AVAX price declines led to major writedowns and over $26 million in quarterly losses. The firm’s AVAX holdings dropped to nearly half of their original purchase value. Shares collapsed over 90% within a month and now trade below $0.73. Avalanche Treasury Corp told regulators it may not survive the year after a steep decline in its finances. The company disclosed material losses and liquidity pressure linked to falling AVAX prices. It also warned that current conditions raise “substantial doubt” about its ability to continue operations.
AVAX Holdings Decline and Balance Sheet Pressure The company previously promoted a large AVAX treasury valued near one billion dollars during last year’s expansion phase. However, market conditions changed, and the value of its AVAX holdings dropped sharply over recent months. As a result, its market capitalization fell below thirty million dollars, reflecting severe investor concern.
Its operating unit reported losses exceeding twenty-six million dollars in one quarter due to AVAX writedowns. The firm bought AVAX for about two hundred sixty-five million dollars, yet the holdings fell to nearly one hundred twenty-three million dollars. This gap left the company holding assets worth far less than their original purchase cost.
AVAX prices declined forty-seven percent this year and nearly two-thirds over the past twelve months. Consequently, the treasury strategy weakened as asset values dropped and reduced the firm’s financial flexibility. The company stated that these conditions created ongoing uncertainty regarding its financial stability.
Stock Collapse Follows AVAX Treasury Strategy Avalanche Treasury Corp completed a merger with a blank check company and entered public markets with high expectations. However, investor sentiment turned negative as disclosures revealed risks tied to its AVAX exposure and financial position. The stock fell from above ten dollars to below two dollars within days of additional filings.
Shares continued to decline and traded below seventy-three cents, entering penny stock territory. In total, the stock lost more than ninety percent of its value within one month. This decline reflected market concern over the sustainability of its AVAX treasury model.
The company also pledged a large portion of its AVAX holdings as collateral for a loan agreement. It committed nearly seven point eight million AVAX tokens from a total of thirteen point eight million holdings. This move increased financial risk as falling prices could pressure collateral requirements.
Other AVAX Treasury Firms Show Similar Declines Other firms pursuing AVAX treasury strategies reported similar declines in value after initial expansion plans. AgriFORCE Growing Systems rebranded as AVAX One and announced a large capital raise to acquire more AVAX. The company aimed to build a significant AVAX treasury supported by strategic investors and advisors.
Despite those plans, its market value dropped sharply and now stands near forty-three million dollars. The firm’s shares declined sixty-eight percent this year and over ninety percent in the past year. These figures highlight the broader pressure affecting companies holding large AVAX reserves.
Data across the sector shows a consistent downward trend in treasury company valuations linked to AVAX exposure. Companies that accumulated AVAX during earlier market optimism now face reduced asset values and weaker investor confidence. This trend underscores the risks tied to concentrated digital asset treasury strategies.
Avalanche ve 2. čtvrtletí 2026 přidal na C-Chain 707 000 nových adres, tedy šestkrát více než v 1. čtvrtletí. TVL sítě mezitím téměř zdvojnásobil na zhruba 2,1 miliardy USD.
Avalanche’s C-Chain onboarded 707,000 new addresses during Q2 2026. That’s six times the number added in Q1, a pace that suggests something beyond routine growth is happening on the layer-1 network.
The numbers behind the surge The 707,000 figure represents net new C-Chain addresses, the primary execution layer where most user activity on Avalanche takes place. Monthly new address data tracked by The Block has become one of the more reliable proxies for gauging real user adoption on the network, and the Q2 numbers represent a clear inflection point.
Avalanche’s DeFi ecosystem has been pulling in capital at a remarkable clip. Total value locked across the network has nearly doubled since April 2025, reaching approximately $2.1 billion.
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The subnet architecture has also been expanding. By the end of 2025, the network had 75 active subnets, a 158% year-over-year increase. Each subnet can be tailored for specific applications, whether that’s gaming, enterprise logistics, or DeFi protocols, without clogging the main road.
On the infrastructure side, Avalanche raised its C-Chain gas target to support throughput of 4 million transactions per second.
What changed to unlock this growth The Etna upgrade, which went live in December 2024, significantly reduced the cost of deploying new subnets. Following Etna, the Avalanche9000 and Granite initiatives further refined the network’s performance characteristics.
VanEck launched a spot AVAX ETF in January 2026, giving traditional finance a regulated on-ramp to the token. A spot ETF signals that at least some regulatory bodies have reached a level of comfort with AVAX’s classification as a digital commodity. Pilot programs targeting institutional participation in Avalanche’s DeFi ecosystem have also contributed to the TVL growth.
What this means for investors For AVAX holders, more active users means more transaction fees, and more transaction fees means more demand for the token that pays those fees. AVAX is also used for staking and subnet validation, so network expansion creates additional demand channels beyond simple transaction activity.
Avalanche is carving out a distinctive position with its subnet model at a time when other layer-1s are competing primarily on raw throughput or EVM compatibility. The 75 active subnets represent a real differentiator, particularly for enterprise use cases where organizations want their own execution environment without sacrificing interoperability with the broader ecosystem.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
SEC schválila změnu pravidel pro zalistování aktivně spravovaného T. Rowe Price Active Crypto ETF na NYSE Arca. Fond má držet zhruba 5 až 15 různých kryptoměn včetně BTC, ETH, SOL, XRP, ADA, AVAX, LTC, DOT, DOGE a LINK.
On June 14, U.S. Securities and Exchange Commission (SEC) filings show the regulator has formally approved a rule change proposed by NYSE Arca that enables the listing and trading of the T. Rowe Price Active Crypto ETF. An actively managed cryptocurrency ETF, the fund will invest in a basket of digital assets meeting SEC-defined "eligible asset" criteria. While it uses a cryptocurrency index as its benchmark, it will not track that index passively. The filing notes the fund is projected to hold roughly 5 to 15 distinct cryptocurrencies, including major tokens like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Cardano (ADA), Avalanche (AVAX), Litecoin (LTC), Polkadot (DOT), Dogecoin (DOGE), and Chainlink (LINK). The SEC filing also reveals the fund may hold stablecoins—primarily USDC—as "tokenized cash" during normal operations to cover expenses and rebalance assets, though these will not count toward its core investment portfolio. The approval notice stresses the product must adhere to NYSE Arca’s rules around anti-manipulation, disclosure, liquidity, and risk management. It also requires the fund to have information barriers (often called "firewalls") and position transparency mechanisms in place to uphold market fairness and prevent insider trading. Analysts say this ETF’s approval further expands cryptocurrency’s footprint within the traditional financial sector, marking the arrival of actively managed multi-crypto ETFs as tradable products under mainstream regulatory oversight.
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FIFA Collect testuje na Avalanche nový ticketingový model proti botům, podvodům a přeprodejům. Podle Ava Labs už bylo vydáno přes 100 000 RTB a sekundární objem RTT přesáhl 15 milionů USD, zatímco kombinovaný objem RTB a RTT přesáhl 25 milionů USD.
Welcome to The Protocol, CoinDesk’s tech newsletter covering the most important stories in blockchain. I’m Margaux Nijkerk, a reporter at CoinDesk.
We’re revamping the newsletter to bring you a deeper look at the biggest trends, breakthroughs and debates shaping blockchain technology each week.
This week, we're looking at how FIFA is using the Avalanche blockchain to test out a new ticketing system
As the 2026 FIFA World Cup unfolds across North America, one of blockchain's biggest real-world tests is happening largely behind the scenes.
FIFA Collect, the federation's digital collectibles and fan platform, is using the Avalanche network and Modex for its operations to power a new ticketing model designed to address some of the biggest frustrations in sports: bots, ticket fraud and runaway secondary-market prices.
The system, which is on a customizable Avalanche Layer-1 blockchain known as the FIFA blockchain, revolves around two features for a designated number of tickets: a Right-to-Buy (RTB) and a Right-to-Ticket (RTT). Neither is the ticket itself.
Instead, an RTB is a digital entitlement that gives fans priority access to purchase a specific ticket before it becomes publicly available, giving them another way to buy tickets. Fans can acquire RTBs through FIFA Collect and trade them on secondary markets at a market value. Once redeemed, the RTB converts into an RTT, which can then be used to purchase an official match ticket through FIFA's existing ticketing infrastructure.
The concept may sound complicated, but the underlying goal is straightforward: move ticket resale activity into an environment controlled by FIFA rather than third-party marketplaces.
"It's a little bit of the Taylor Swift problem," said Dominic Carbonaro, who leads the consumer enterprise vertical at Ava Labs, the main developer firm supporting Avalanche. "Concert gets announced, huge influx of buying comes in, primarily from bots. They buy all the tickets, and then the secondary market sales happen."
The RTB model, he said, "shifts where the secondary sales market takes place."
Traditionally, event organizers sell tickets at face value and much of the value created by overwhelming demand is captured later by companies such as StubHub, SeatGeek or Vivid Seats. FIFA's approach attempts to bring some of that activity back into its own ecosystem, part of a broader strategy around the 2026 World Cup that has seen the organization seek tighter control over everything from ticketing and fan data to stadium branding and commercial operations around venues.
According to figures shared by Ava Labs, more than 100,000 RTBs have been issued to date. More than 50,000 Club World Cup tickets have been distributed in bundles with RTBs. Secondary-market volume for RTTs has surpassed $15 million, while combined RTB and RTT volume has exceeded $25 million.
The numbers are notable because they represent something the crypto industry has struggled to produce in recent years: a blockchain application tied to a real-world product rather than speculation.
For Ava Labs, the project is less about NFTs and more about infrastructure. "We want to deliver Web2 experiences with blockchain underneath," Carbonaro said. "The user should not even know they're using blockchain."
The goal is for fans to interact with a familiar consumer application while blockchain handles verification and asset ownership in the background. The actual match tickets, however, are still issued through FIFA's existing ticketing infrastructure. When a fan redeems an RTB, it converts into an RTT, which can then be used to access the official ticket purchase process and obtain the underlying ticket through FIFA's traditional system.
"The tickets are now 100% verifiable onchain, so it reduces all types of fraud, fake secondary sales, etc.," Carbonaro said.
That may be particularly valuable for an event like the World Cup, which attracts global demand and has historically been a target for ticket scams and counterfeit listings.
But the experiment raises an important question: who benefits most?
Ava Labs claimed that for fans, the value proposition is greater certainty. Rather than entering lotteries or waiting in digital queues, users can acquire a tradable right that guarantees access to purchase a ticket. For FIFA, however, the benefits extend much further.
Beyond new revenue opportunities, the model gives FIFA more visibility into who ultimately attends its events. In the traditional ticketing ecosystem, much of that information is controlled by secondary marketplaces.
"The actual administrator of those tickets, FIFA, has no idea who the people are buying," Carbonaro said. "That data sits with SeatGeek, StubHub, Ticketmaster, Vivid Seats." He argued that FIFA Collect's RTB and RTT system gives FIFA greater insight into how ticket rights change hands within its own ecosystem, rather than relying on third-party platforms that typically control the customer relationship.
With RTBs and RTTs, FIFA can better track how fans move through the ticketing process while keeping personal information offchain and using blockchain records as a verification mechanism.
That data component may ultimately prove as valuable as the ticketing functionality itself. Sports organizations increasingly view direct fan relationships as strategic assets, particularly as AI tools make first-party data more valuable.
Whether FIFA's ticketing model becomes a template for future tournaments remains to be seen. Critics could argue that introducing tradable purchase rights simply creates another layer between fans and tickets.
Either way, the World Cup offers a glimpse of where blockchain adoption may be heading next. Instead of asking consumers to embrace crypto, projects like FIFA Collect are attempting to hide it altogether. And for Avalanche, that may be the most important test of all.
Na Avalanche vznikl Avalanche Payments Collective, do kterého se zapojilo 28 organizací včetně Franklin Templeton, Paxos a Kraken. Síť má pokrýt platby ve více než 150 zemích a 96 měnách.
28 organizations have joined the Avalanche Payments Collective, formalizing one of the industry's broadest payments ecosystems.
Over the past five years, Avalanche has quietly become home to one of the most expansive payment ecosystems in the industry.
The Avalanche Payments Collective launches today, bringing together Franklin Templeton, VanEck, WisdomTree, Agora, Paxos, Rain, Axiym, Ethena, Anchorage Digital, Tassat, Nonco, SETTL, zerohash, Core, OatFi, Rise, Kraken, OpenTrade, NHN KCP, Request Finance, Grove, the Wyoming Stable Token Commission, and other organizations building payment infrastructure and capabilities on Avalanche.
Franklin Templeton selected Avalanche for its tokenized money market fund. Rain built stablecoin card programs connected to Visa's global merchant network. Axiym has processed more than $1.4 billion in cross-border payment volume on the network while serving money service businesses operating across more than 150 countries.
Together, the collective's initial members support payment flows reaching more than 150 countries, 96 currencies, and approximately 22 billion payout endpoints across bank accounts, cards, and mobile wallets.
The Avalanche Payments Collective formalizes an ecosystem that spans settlement, stablecoins, treasury infrastructure, foreign exchange, asset management, compliance, and global payouts. It reflects a growing reality across financial services: payment companies need more than faster rails. They need an integrated settlement ecosystem capable of connecting liquidity, compliance, treasury workflows, and local payment networks at global scale.
The Infrastructure Behind PaymentsFor decades, the mechanics of moving money internationally have remained largely unchanged. Correspondent banking networks, prefunded accounts, settlement delays, and fragmented payment corridors continue to shape how capital moves through the financial system.
As stablecoins gain traction as payment and settlement assets, attention is shifting beyond the assets themselves toward the infrastructure that enables them to move through real-world financial workflows. The next phase of payment innovation will be defined by the networks, liquidity providers, settlement systems, compliance tools, and applications that help businesses move value more efficiently across markets.
"The future of global payments won't be built by a single company, product, or payment rail. It will be built by interconnected ecosystems," said John Nahas, Chief Business Officer at Ava Labs. “The Avalanche Payments Collective brings together organizations from across the payments stack with a shared vision of a more connected financial system, where money moves more efficiently, and businesses can operate globally with fewer barriers."
The organizations participating in the Avalanche Payments Collective operate across the infrastructure required to move money at scale, from settlement and liquidity to treasury management, foreign exchange, stablecoin issuance, cross-border payouts, business payments, and asset management.
Settlement and ClearingTassat's Lynq network represents one of the collective's institutional settlement layers.
In April 2026, Lynq migrated to a dedicated Avalanche Layer 1 (L1) while maintaining full state continuity. The network connects more than 30 participants, including Fireblocks, Galaxy, and Wintermute, and brings more than $2.5 trillion in transaction history from Tassat's banking infrastructure.
Lynq enables institutions to settle transactions in seconds rather than waiting for traditional clearing cycles, allowing liquidity to move more efficiently across counterparties and markets. SETTL, zerohash, and Dakota extend those capabilities across institutional, banking, and enterprise payment workflows, helping improve liquidity utilization, visibility into cash positions, and operational efficiency.
Anchorage provides regulated custody and banking infrastructure that supports institutions adopting stablecoin payments, digital asset settlement, and modern treasury operations.
For payment companies, Avalanche becomes a business tool rather than a technology concept. Faster settlement can support better treasury control, fewer manual reconciliation processes, more transparent payment tracking, and lower operational drag across global money movement.
Stablecoins and Digital CurrencyStablecoins are increasingly used as a settlement asset for payments, treasury operations, and cross-border transactions, enabling value to move continuously across markets rather than only during banking hours or settlement windows.
Firms such as Agora, Paxos, Ethena, and the Wyoming Stable Token Commission provide digital-dollar infrastructure supporting payment applications, financial platforms, and settlement networks operating on Avalanche. Paxos brings one of the industry's most established issuance frameworks, while the Wyoming Stable Token Commission brings public-sector stablecoin innovation through FRNT. Together, the four companies expand the pool of digital-dollar assets and liquidity available to businesses, fintechs, and financial institutions alike operating on the network.
For payment operators, the practical impact is straightforward: money moves on the same schedule as the business. Funds can settle on weekends, public holidays, and outside traditional banking hours, giving treasury teams greater flexibility in managing liquidity across markets.
Businesses can access these capabilities through existing payment and treasury workflows. Stablecoins can operate as the settlement layer in the background while customers continue to experience familiar payment and payout flows.
The ecosystem also includes infrastructure supporting transaction monitoring, sanctions screening, and Travel Rule compliance. For regulated payment companies and financial institutions, these controls must be embedded directly into payment flows rather than added later.
Cross-Border and Currency SettlementInternational payments remain one of the most capital-intensive areas of financial services, with providers often maintaining prefunded balances across multiple jurisdictions to ensure obligations can be met. While reliable, this model can trap working capital and create operational complexity.
Axiym was built to address that challenge.
By providing on-demand liquidity infrastructure for licensed money service businesses, Axiym enables payment providers to continue operating via their existing banking systems and APIs while reducing reliance on prefunded balances. To date, Axiym has processed more than $1.4 billion in volume on Avalanche, while the platforms it serves collectively move more than $25 billion annually across more than 150 countries and 96 currencies.
These capabilities can be particularly valuable in corridors where settlement is slow, foreign exchange costs remain high, local payment infrastructure is fragmented, or access to dollar liquidity is constrained. In those markets, stablecoin-powered settlement can help payment companies serve customers more efficiently without rebuilding every local connection themselves.
Nonco addresses a different part of the cross-border stack. Its institutional foreign exchange venue connects more than 350 liquidity providers to stablecoin markets via a request-for-quote platform, enabling simultaneous settlement on both sides of a trade and reducing counterparty exposure associated with conventional FX workflows.
Together, these capabilities show how Avalanche can support both the movement of value and the infrastructure required to exchange, route, and settle it across currencies and jurisdictions.
Asset Management and Treasury InfrastructureFranklin Templeton, VanEck, OpenTrade, and Grove bring treasury, liquidity, and yield-bearing financial products to the collective's asset management layer.
Among others, Franklin Templeton's BENJI fund and VanEck's VBILL are available on Avalanche, giving treasury teams access to regulated tokenized securities that remain available when settlement obligations arise.
OpenTrade provides stablecoin yield infrastructure for businesses, fintechs, and payment providers, while Grove provides institutional-grade credit and liquidity infrastructure connecting onchain capital with real-world financial markets.
As payment infrastructure becomes more digital, treasury management and settlement are becoming increasingly interconnected. Payment companies are increasingly focused not only on moving money, but also on managing liquidity across markets and making reserves more productive. Avalanche provides a common environment where these workflows can begin to converge.
Merchant AcceptancePayment infrastructure ultimately needs to connect with real-world commerce.
NHN KCP, one of South Korea's leading payment processors, brings merchant acceptance capabilities to the collective, helping connect blockchain-based settlement infrastructure with consumer and business payment experiences.
Business PaymentsB2B stablecoin payment volumes grew more than 700% year-over-year in 2025, while cross-border settlement emerged as one of the primary enterprise use cases.
OatFi, Rise, and Request Finance represent different applications of that trend. OatFi embeds financing directly into payment workflows, allowing suppliers to access funds sooner while buyers retain flexibility without requiring platforms to operate standalone lending businesses. Rise brings payroll infrastructure to the collective, extending modern settlement capabilities into workforce payments. Request Finance enables organizations to manage invoicing, accounts payable, and business payments using stablecoins, helping enterprises integrate digital assets into everyday financial operations.
Together, these companies demonstrate how payment infrastructure is expanding into financing, payroll, accounts payable, treasury operations, and liquidity management.
The Avalanche Payments Collective
The organizations participating in the Avalanche Payments Collective span settlement, liquidity, asset management, foreign exchange, treasury infrastructure, digital-dollar issuance, merchant acceptance, business payments, and public-sector financial innovation.
The collective formalizes a network that has already emerged on Avalanche and brings together the organizations building the infrastructure underpinning the next generation of payment and settlement systems.
The collective is open to additional members. Payment companies, fintechs, and financial institutions can connect with the institutional team at avax.network/payments.
In a positive development for the crypto community, the individual responsible for the GMX exploit accepted the platform’s bounty and returned over $40 million worth of assets stolen from the project.
Crypto Hacker Takes $42 Million From GMX On Friday, the recent GMX V1 exploit ended on a happy note after the individual responsible for the incident turned into a white-hat hacker. Perpetual and spot crypto exchange GMX lost over $40 million on Wednesday when an attacker exploited a vulnerability in the protocol’s first version on Arbitrum.
According to online reports, GMX V1’s vault contract had a vulnerability that allowed the attacker to manipulate the GLP token price through the system’s calculations.
Blockchain security firm SlowMist explained that “The root cause of this attack stems from GMX v1’s design flaw, where short position operations immediately update the global short average prices (globalShortAveragePrices), which directly impacts the calculation of Assets Under Management (AUM), thereby allowing manipulation of GLP token pricing.”
Through a reentrancy attack, they successfully established massive short positions to manipulate the global average prices, artificially inflating GLP prices within a single transaction and profiting through redemption operations.
As a result, approximately $42 million worth of assets, including Legacy Frax Dollar (FRAX), wrapped bitcoin (WBTC), wrapped ETH (WETH), and other tokens, were transferred from the GLP pool to an unknown wallet.
The perpetual crypto exchange halted GMX V1’s trading and GLP’s minting and redeeming on both Arbitrum and Avalanche to prevent another attack and protect users’ funds. However, they clarified that the exploit was limited to GMX’s V1 and its GLP pool. GMX V2, its markets, or liquidity pools, and the GMX token were not affected and remained safe.
White-Hat Claims $5 Million Bounty Following the incident, GMX sent a message on-chain and on X offering a $5 million white-hat bounty to the attacker, claiming that their abilities were “evident to anyone looking into the exploit transactions.”
GMX’s team noted that returning the funds within the next 48 hours and accepting the bounty would allow the hacker to “spend the funds freely,” instead of taking additional risks to access them. They also vowed not to pursue any legal action and to assist the exploiter in providing proof of source for the funds if it is ever required.
Today, the exploiter responded in an on-chain message, accepting the bounty and starting the return process. As Lookonchain reported, they initially returned $10.49 million worth of FRAX on Friday morning.
GMX exploiter accepts white-hat bounty. Source: Lookonchain on X Meanwhile, another $32 million worth of assets had been swapped into 11,700 ETH, which are now valued at $35 million after the King of Altcoins’ price jumped to the $2,990 mark.
In the following hours, the hacker returned 10,000 ETH, worth $30 million, keeping only 1,700 ETH, valued at $5.2 million, as the bounty.
GMX later confirmed that the funds have now been safely returned and thanked the white-hat hacker for their actions, ultimately giving a positive turn to the incident.
Lastly, they informed users that “contributors are working on a proposed distribution plan for presentation to the GMX DAO and will share more information shortly.”
GMX token trades at $13.24 in the one-week chart. Source: GMXUSDT on TradingView Featured Image from Unsplash.com, Chart from TradingView.com
Bitwise podal u SEC registraci pro spotové Avalanche ETF, které má sledovat hodnotu AVAX a držet pouze tokeny AVAX. Do závodu o schválení se tak přidává k VanEck a Grayscale.
Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.
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September 16, 2025
Bitwise Asset Management filed for SEC registration for a spot Avalanche ETF, joining VanEck and Grayscale in the race to offer institutional exposure to AVAX through regulated investment vehicles.
The passively managed fund aims to mirror Avalanche’s value minus operational expenses, with Coinbase Custody serving as the digital asset custodian.
The filing details a Delaware statutory trust structure offering cost-effective exposure to Avalanche through traditional securities markets.
The trust will hold only AVAX tokens and use the CME CF Avalanche-Dollar Reference Rate as its pricing benchmark, calculated daily at 4:00 PM ET from multiple constituent platforms.
Avalanche Foundation is simultaneously raising $1 billion through two crypto treasury vehicles led by Hivemind Capital and Dragonfly Capital.
ETF Arms Race Intensifies as Multiple Firms Target AVAX ApprovalThe Bitwise registration follows VanEck’s March filing and Grayscale’s Form 19b-4 submission through Nasdaq for Avalanche ETF conversion.
Bloomberg Intelligence assigns high approval odds for altcoin ETFs this year, with institutional demand driving applications beyond Bitcoin and Ethereum products.
Bitwise previously experienced regulatory turbulence when the SEC granted accelerated approval for its 10 Crypto Index ETF in July before reversing the decision hours later through a stay order.
The multi-asset fund would have included Avalanche alongside Bitcoin, Ethereum, XRP, and Solana, with 85% allocation to previously approved components.
VanEck launched the Purpose-built Fund specifically for Avalanche-based businesses, utilizing native real-world asset products and tokenized money market funds.
The fund targets capital appreciation through investments in digital assets with a market capitalization of over $100 million across the finance, payments, gaming, and AI sectors.
Grayscale’s pending conversion of its Digital Large Cap Fund to ETF status includes Avalanche alongside Bitcoin, Ethereum, Solana, and XRP.
The fund maintains a 79.9% Bitcoin allocation and an 11.3% Ethereum allocation, with the remaining assets distributed among approved altcoins.
The competitive landscape intensified as major institutions began to engage with Avalanche’s blockchain for portfolio management and digital asset projects.
BlackRock expanded access to its USD Institutional Digital Liquidity Fund to include Avalanche in November 2024, following initial Ethereum availability.
Chairman Paul Atkins established a crypto task force to develop clear rules, following years of “regulation by enforcement” under the previous leadership.
March decisions on multiple altcoin ETFs were delayed until October, with the Commission citing the need for “longer periods” to consider proposed rule changes.
🇺🇸The SEC has delayed decisions on multiple altcoin spot ETFs, including XRP, Solana, and Litecoin, citing the need for more review. Analysts say it’s standard procedure and remain optimistic about approval.
#CryptoETFs #SEChttps://t.co/Q8aODggS0f
— Cryptonews.com (@cryptonews) March 12, 2025 The approval process involves 21-day public comment periods, allowing industry stakeholders to provide input before final decisions are made.
Avalanche’s proof-of-stake consensus mechanism and subnet architecture differentiate it from Bitcoin’s energy-intensive mining.
The network’s three-blockchain structure supports token creation, validator management, and smart contracts, while enabling custom permissioned blockchains that rely on the main network’s security and integrity.
The simultaneous treasury vehicle launches aim to garner serious institutional conviction through SPAC structures and private placements.
Hivemind Capital’s $500 million vehicle aims for September completion, while Dragonfly Capital’s equivalent SPAC targets October finalization.
At the time of writing, AVAX is trading at $29.91, representing technical momentum testing $30 resistance.
Technical Analysis Points to Breakout Momentum Following ETF FilingAVAX exhibits classic descending wedge characteristics on hourly charts, trading at $29.90 near the pattern’s apex with upper trendline resistance and dynamic support convergence.
Source: X/@JeremyybtcThe coiling effect from multiple tests of wedge boundaries creates optimal conditions for explosive directional moves, particularly with ETF-filing catalysts supporting bullish sentiment.
Long-term weekly charts reveal AVAX breaking above significant descending trendlines containing price action since the 2021 peaks near $147.
The macro perspective shows AVAX’s 240% recovery from cycle lows around $8.50, positioning the token in the critical $30-35 resistance zone.
Sustained trading above current breakout levels could open pathways toward $50 with minimal intermediate resistance.
ETF approval precedents from Bitcoin and Ethereum suggest initial announcements generate 50-100% advances within weeks of confirmation.
The technical setup positions AVAX optimally to capture such moves through descending wedge momentum combined with institutional validation.
AVAX’s immediate trajectory targets the $35-40 region following successful wedge breakouts, with long-term potential extending toward $50 levels based on minimal resistance structures.
In a move towards crypto expansion, Stripe, a popular payment processing firm has announced a recent integration with Avalanche (AVAX). With the integration, Stripe has expanded its offering to include support for Avalanche C-Chain, introducing a seamless path for retail users to acquire AVAX directly, without dealing with the hassles of crypto exchanges.
Avalanche Utilizes Stripe’s Fat-to-Crypto Onramp As revealed in a blog post, Core, Avalanche’s native ecosystem wallet and portfolio developed by Ava Labs has already integrated Stripe’s onramp. Stripe’s onramp provides a direct and efficient method for users to fund their wallets with AVAX and other supported tokens.
The onramp has built-in fraud prevention and identity verification tools to help companies meet Know-Your-Customer (KYC) and compliance requirements. With just a Gmail or Apple ID, individuals can create a Core wallet and purchase AVAX through Core’s extension or web app at core.app.
As a result of this integration, users can now access streamlined crypto products and Decentralized Applications (dApps) such as Decentralized Exchanges (DEXs), digital wallets, and Non-Fungible Tokens (NFT) platforms running on Avalanche.
Anyone can buy Avalanche’s native AVAX coin using debit or credit cards through the help of a widget that will be installed in Core. According to the announcement, Stripe will take care of all issues relating to KYC procedures, payments, fraud, and compliance.
Several prominent Avalanche ecosystem partners have already signaled their intention to integrate with Stripe, including GoGoPool, Avvy, Pakt, zeroone, Halliday, The Arena, Shrapnel, and DeFi Kingdoms.
John Egan, Head of Crypto at Stripe commented on the integration stating, “We’re excited to add AVAX into our onramp’s family of supported networks. Further enabling consumers to onboard into Avalanche’s growing dApp ecosystem is closely aligned with our goal of making it safe and easy for everyone to access the power of Web3.”
Avalanche is a Layer-1 blockchain network, competing with Ethereum (ETH) by offering a cheap and fast blockchain for developers to build upon. It is the network behind AVAX, the 12th largest digital asset with a market cap of $13.2 billion. As of the time of writing, AVAX is trading above $34.92, representing an increase of 0.6% in the past day. This nominal increase comes after the coin dropped 11% within the past week.
Stripe Making Strides in the Crypto Space Stripe, which has been topping charts since 2021 was one of the first major companies to accept Bitcoin payments in 2014. The company, however, dropped the service in 2018, but added that it was still “very optimistic about cryptocurrencies overall.”
In a recent development, the company announced plans to start supporting transactions domiciled in Circle’s native stablecoin USD Coin (USDC) beginning this Summer. As Stripe unveiled, all the USDC will initially launch through Ethereum, Solana, and the Polygon blockchain networks.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
Re spustila na Avalanche svůj první otevřený fond tokenizovaného zajištění, přičemž do něj Nexus Mutual alokovala 15 mil. USD. Fond cílí na konzervativní pojištění a nabízí až 23% roční výnos.
Updated May 14, 2024, 5:24 p.m. Published May 14, 2024, 1:00 p.m.
2 min read
Karn Saroya, CEO of Re (Re)The new fund backs low-volatility insurances covering properties, trucking, aviation and workers compensation, excluding catastrophic risks at the start, Re CEO Karn Saroya said in an interview.Re targets to back $200 million in insurance premiums by the end of the year, with another $3 billion in the pipeline.The firm also raised $7 million in a venture capital investment round led by Electric Capital.Re, a real-world asset (RWA) platform specializing in offering tokenized reinsurance, said Tuesday it has opened its first open-ended reinsurance fund using the Avalanche {{AVAX}} network.
First investors of the fund include Nexus Mutual, a crypto insurance alternative provider, with a $15 million allocation and the RWA-focused Vista fund of Ava Labs, an ecosystem developer organization of Avalanche, with a smaller deposit.
The company also raised $7 million in venture capital in its latest fundraising round led by Electric Capital, following a $14 million seed round in late 2022.
Re, which is regulated in the Cayman Islands, focuses on introducing blockchain tech for a traditionally opaque, conservative industry and aims to be a decentralized version of Lloyd's of London, though of as the premier marketplace for insurance.
Reinsurance companies offer protection for insurance firms, collecting premiums to cover certain types of risks. With nearly $1 trillion in premiums annually, reinsurance is a cornerstone of today's financial markets and commerce, Karn Saroya, chief executive officer of Re said in an interview with CoinDesk.
"Reinsurance is the ocean, and insurance companies are the boats floating on the water,” he said.
Bringing these assets to blockchain rails can improve settlements, operational efficiency and create greater transparency of capital reserves, Saroya explained. This is in line with the red-hot tokenization trend, with digital asset firms and global financial institutions such as BlackRock, Citi and Franklin Templeton creating digital versions of old-school investments – often referred to as RWAs – to trade them on blockchains for operational benefits.
Read more: Why Asset Tokenization Is Inevitable
In the beginning, Re's new fund backs more conservative, low-volatility insurances such as property, trucking, aviation and workers compensation, excluding catastrophic risks, Karoya said.
The fund targets to offer up to 23% annualized yield to investors, and is accessible to U.S. accredited investors and any investors outside the U.S. who complete Re's know-your-customer (KYC) process. The minimum lock-up period for deposits is one year, and funds are available for redemptions as collateral is released from the insurance companies.
Investing in the fund is similar to high-yield fixed income, Saroya said, making it attractive to decentralized autonomous organizations (DAO) and ecosystem funds to deploy capital.
Coinbase Derivatives podala u CFTC žádost o spuštění futures na Avalanche, Chainlink, Polkadot, Stellar a Shiba Inu. Obchodování má začít po 15. červenci.
The derivatives arm of crypto exchange Coinbase has just submitted to the Commodity Futures Trading Commission (CFTC) documents to self-certify the listing of new futures products tied to five popular crypto assets.
According to the filings, Coinbase Derivatives is launching futures contracts for Avalanche (AVA), Chainlink (LNK), Polkadot (DOT), Stellar (XLM), and Shiba Inu (SHB), which will all be offered for trading on or after July 15th.
[adinserter block="1"]
The documents say that Coinbase has spoken with futures commission merchants (FCMs) and market participants who support the decision to launch the contracts.
“The Exchange is not aware of any substantive opposing views to the Contract. The Exchange certifies that the Contract and related rules certified herein comply with the Commodity Exchange Act and the rules and regulations promulgated thereunder.”
In a statement, Coinbase Derivatives says it will be the first futures exchange in the US to introduce CFTC-regulated margined futures contracts for AVA, LINK, DOT, XLM and SHB.
“With the addition of AVA, LNK, DOT, XLM, and SHB, our participants and their clients gain more access points to manage risk, speculate on price movements, and participate in the crypto economy with reduced upfront capital requirements.”
Coinbase Derivatives also recently launched commodities futures contracts for oil and gold after noticing increased demand for retail-focused products on accessible and regulated exchanges. The new futures contracts are sized at 10 barrels of oil and one troy ounce of gold.
LayerZero bridge pro rsETH byl napaden a rsETH na Ethereum mainnetu je plně kolateralizované; na Aave V3 i V4 zůstává zmrazené a rezervy WETH jsou zablokované v několika trzích včetně Ethereum, Arbitrum, Base, Mantle a Linea. Několik DeFi protokolů kvůli incidentu dočasně pozastavilo bridge nebo minting.
Saturday, April 20 — The LayerZero cross-chain bridge for rsETH (a liquidity re-staking token from Kelp DAO) was hacked, marking the largest DeFi hack of 2026 to date. The attacker forged LayerZero cross-chain messages to withdraw 116,500 rsETH directly from the bridge contract, then deposited the tokens into Aave and other lending platforms to borrow WETH—creating significant uncollateralized bad debt risk. Below is a roundup of responses from major DeFi protocols to the rsETH hack: Aave has shared an update on the rsETH incident: rsETH on the Ethereum mainnet is fully collateralized. The token remains frozen on Aave V3 and V4, while WETH reserves are frozen in affected markets including Ethereum, Arbitrum, Base, Mantle, and Linea. Aave is actively verifying details and evaluating potential resolutions. Ethena has officially extended the suspension period for its LayerZero OFT cross-chain bridge. Additionally, the protocol released updated reserve proofs confirming its USDe stablecoin maintains a collateralization ratio above 100%. LayerZero stated it has fully grasped the rsETH vulnerability and has been collaborating with the Kelp DAO team on fixes since the hack occurred, while continuously monitoring the situation. All other applications remain secure, and the protocol will publish a comprehensive post-incident analysis report alongside Kelp DAO once all relevant information is compiled. Fluid announced the launch of its aWETH redemption protocol, which enables ETH borrowers to: redeem for wstETH or weETH (restoring liquidity immediately and reducing liquidation risk); redeem in full if they only borrowed ETH; or seamlessly convert ETH collateral to wstETH/weETH while keeping other debts intact. The protocol’s initial capacity is capped at $1 billion worth of ETH. Morpho has temporarily suspended its MORPHO LayerZero OFT cross-chain bridge on Arbitrum until the root cause of the rsETH incident is identified. The protocol noted its smart contracts are secure and operating normally; risk exposure is limited (only ~$1 million worth of ETH was borrowed using rsETH as collateral, spread across two isolated markets out of thousands total). Thanks to Morpho’s fully isolated market design, all other vaults remain unaffected. Curve Finance announced it has suspended its LayerZero infrastructure, impacting: CRV bridging from BNB, Sonic, Avalanche, Fantom, Etherlink, and Kava (bridging from other chains still uses native bridges); and crvUSD quick bridging (L2 slow bridging remains operational). Reserve issued an official update: Its DTF holders are unlikely to be affected. RSR stakers in the Reserve Protocol’s USD3 and eUSD may qualify for "first-loss capital" protection, though the impact is minimal and RSR’s overcollateralization is sufficient to cover any potential losses. ETH+ and bsdETH contain no rsETH collateral, making them zero-risk. As a precaution, Reserve has temporarily paused minting, rebalancing, and RSR unstaking for eUSD and USD3—redemption functionality remains operational. Maple Finance stated all USDT provided on Aave Mantle using syrupUSDT has been withdrawn. Its syrupUSDC and syrupUSDT products are not impacted by the rsETH exploit. Polygon has been actively monitoring the rsETH exploit. The Polygon chain, Agglayer, and entire ecosystem (including Katana and Vaultbridge) have not been impacted by the incident. EtherFi announced its protocol’s liquidity pool remains unaffected by the Kelp rsETH exploit, and pool users will not suffer any fund losses. Hyperliquid’s DeFi project Hyperwave announced it has temporarily suspended all LayerZero bridging of Hyperwave assets as a precautionary measure.
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Analysis: Bitcoin miners face profit pressure, with around 20% of mining firms now operating below the break-even point.
Bitcoin miners' revenue continues to decline, with the current 7-day average daily income dropping to around $30 million, a notable pullback from the over $50 million level seen last summer. Meanwhile, on-chain transaction fee revenue has fallen to less than $250,000, accounting for an extremely small share of miners' total income. Data from JPMorgan Chase shows the average production cost is approximately $78,000, and Bitcoin’s price has remained below this level for five consecutive months — the longest such stretch in the current cycle. An estimated 20% of miners are already operating at a loss; some high-cost miners have begun frequently powering their mining rigs on and off in response to price fluctuations, leading to a stronger correlation between network hash rate difficulty and Bitcoin’s price. Additionally, Bitcoin’s mining difficulty was adjusted down by roughly 10% in the second week of June, marking the second pullback of the same magnitude this year. Publicly listed mining companies, meanwhile, are relying more on their balance sheets to sustain operations, selling over 32,000 BTC in the first quarter alone to cover operating costs. Analysts note that against the backdrop of continuously shrinking block subsidies and stagnant fee revenue, a recovery in miners’ profits will primarily depend on a rise in Bitcoin’s price.
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Japan and South Korea's stock markets opened higher, with South Korea's KOSPI index rising 2.9% and SK Hynix surging 11%.
According to Bitget market data, the Nikkei 225 index opened 1.4% higher at 70114.09. South Korea’s KOSPI index rose 2.9%. South Korean stocks SK Hynix gained 11%, while Samsung Electronics rose 5%.
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Trader Maji was liquidated on his 25x leveraged long Ethereum position, incurring $1.9 million in losses, and subsequently opened a new position.
According to monitoring by OnchainLens, Stanley Huang, known as "Machi Big Brother" (@machibigbrother), has had his 25x leveraged long Ethereum (ETH) position fully liquidated, incurring a loss of approximately $1.9 million. Notably, he opened a new 25x leveraged long ETH position immediately after the liquidation. Machi Big Brother’s cumulative historical losses exceed $35.4 million.
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Micron posted strong quarterly results, with its quarterly revenue and next-quarter outlook significantly exceeding market expectations. Its stock surged nearly 16% in after-hours trading, driving a broad rally across the storage sector.
According to its official financial report, Micron Technology (MU.O) reported Q3 fiscal 2026 revenue of $41.456 billion, beating market expectations of $35.423 billion and surging from $9.301 billion in the year-ago period. The company issued Q4 fiscal revenue guidance of $50 billion, against market expectations of $42.915 billion. Micron CEO Sanjay Mehrotra stated: "Micron’s record-breaking Q3 fiscal financial results and stronger Q4 outlook reflect the strategic value of memory chips in the AI era. We believe our multi-year strategic customer agreements will significantly enhance the durability and predictability of Micron’s strong financial performance." Micron’s Q3 report showed net profit of $28.24 billion, or $24.67 per share, up from $1.89 billion, or $1.68 per share, in the same period last year. Excluding certain one-time items, Micron reported adjusted earnings per share (EPS) of $25.11, exceeding analysts’ consensus estimate of $20.86. Driven by the quarterly revenue and outlook that topped expectations, as of press time, Micron jumped 15.95% in post-market trading on the U.S. stock market, also lifting other memory stocks sharply: Seagate (STX) rose 10.21%, Western Digital (WDC) gained 12.31%, and SanDisk (SNDK) surged 15.77%.
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Kalshi is reportedly seeking a new round of financing, with its valuation potentially rising to $40 billion.
According to a report from the U.K.’s Financial Times, prediction market platform Kalshi is in discussions with investors for a new funding round targeting a roughly $40 billion valuation, with a potential close as early as the third quarter of this year. The development follows Kalshi’s $1 billion financing round completed last month, which valued the firm at $22 billion, with backers including leading institutions such as Coatue, Sequoia Capital, Andreessen Horowitz, and Morgan Stanley. Data shows Kalshi’s trading volume last month surpassed $17 billion, a sharp jump from less than $5 billion a year prior, with approximately 65% of that volume stemming from sports-related prediction contracts.
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Polymarket integrates with Telegram via TON, enabling users to participate in prediction markets directly within the messaging app.
Polymarket has been integrated into Telegram via Predict, a native decentralized application (dApp) of the TON ecosystem. Developed by the Getgems team, the app allows users to directly participate in prediction markets covering sports, politics, cryptocurrency, culture and other sectors within Telegram. Transaction results are settled on-chain, and users retain full control over their assets. Users can participate in trades using USDT on the TON network, and pay a small amount of GRAM for gas fees. The cross-chain infrastructure is powered by STON.fi’s Omniston protocol, enabling the prediction market service to seamlessly integrate into the Telegram ecosystem.
Aave po hlášení chyby dočasně pozastavil trh Aave V2 Ethereum a zmrazil některá aktiva na Avalanche. Na Aave V3 pak zmrazil konkrétní aktiva na Polygonu, Arbitru a Optimismu. Podle protokolu nejsou žádné prostředky v ohrožení.
Decentralized finance (DeFi) platform Aave has suspended operations in a number of markets after receiving a problem report on a certain function of the protocol.
DeFi Protocol Discovers Vulnerability; Is User Funds At Risk? On Saturday, November 4, decentralized lending protocol Aave announced – via a post on X (formerly Twitter) that it has paused the Aave V2 Ethereum market and suspended certain assets on Avalanche. In addition, the protocol has frozen specific assets on Aave V3 on Polygon, Arbitrum, and Optimism.
Today we received a report of an issue on a certain feature of the Aave Protocol. After validation by community developers, the guardian has taken the following temporary prevention measure (no funds are at risk):
— Aave (@aave) November 4, 2023
According to the protocol’s announcement, these actions serve as a temporary precautionary measure following a problem report on a specific feature.
Furthermore, Aave said in the post that the Aave V3 markets on Ethereum, Base, and Metis and the V2 markets on Polygon and Avalanche are unaffected. Meanwhile, no funds on any of the markets were at risk, according to DeFi lending protocol.
🚨🚨 🚨 On 11-04 17:38:35 UTC, Aave Guardian has taken necessary protection measurements to pause AaveV2 protocol (and all Aave pools are safe): https://t.co/3xJzfiejig
Given the protocol is “forked” by multiple third parties and the exact details are not disclosed yet, it is… pic.twitter.com/OkO1EZv6pW
— PeckShield Inc. (@peckshield) November 4, 2023
While Aave did not specify what the issue is or the feature that caused the problem, the protocol said it would release a detailed explanation once there is a full resolution. The statement read:
A governance proposal to restore the normal operation of the protocols will be submitted shortly. A detailed postmortem will be released once the issue is fully resolved.
Aave further clarified that users supplying or borrowing from a frozen assets pool can still withdraw and repay positions. However, these users can’t supply or borrow more funds from the frozen assets pool until the issue is resolved. The protocol added:
On paused assets, no action can be done until unpaused.
AAVE Price Remains Steady Despite Protocol Vulnerability There is no evidence to suggest that the problem has had any impact on the value of the protocol’s native token, AAVE. As of this writing, the token is valued at $90.15, reflecting a negligible 0.9% price dip in the past 24 hours.
Nevertheless, the token is outperforming on a bigger timeframe. Over the past week, AAVE’s price has swelled by more than 10%, touching the $100 mark – for the first time since February – at some point during the week.
Although the price of AAVE has been moving mostly sideways in the past few days, a resolution of the current issue might trigger renewed momentum for the token. Hence, there is a chance that the cryptocurrency might revisit $100 again, especially considering the optimistic climate of the crypto market.
AAVE price slows down upward momentum on the daily timeframe | Source: AAVEUSDT chart on TradingView Featured image from Binance Academy, chart from TradingView
