Blockchain Adoption: CitiBank Trials Tokenization Of Private Equity Funds On Avalanche | Bitcoinist.com

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avalanche, Avalanche blockchain, Avalanche foundation, Avalanche network, Avalanche news, Avalanche price, avax, AVAX news, AVAX price, AVAXUSD, AVAXUSDT, blockchain, blockchain technology, Citibank, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency, tokenization, tokenized assets

CitiBank, one of the world’s largest banks, has successfully conducted a simulation demonstrating the tokenization of a private equity fund on the Avalanche blockchain network, specifically using Avalanche’s Layer 1 Spruce subnet.  Interestingly, this development has the potential to accelerate the adoption of distributed ledger technology in the financial industry, particularly on Wall Street. Blockchain […]

Avalanche Foundation Unveils $100 Million Fund To Buy Meme Coins, But There’s A Catch | Bitcoinist.com

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avalanche, Avalanche blockchain, Avalanche foundation, Avalanche meme coins, Avalanche network, Avalanche news, avax, AVAXUSD, AVAXUSDT, meme coin, Meme coin news, meme coins, Meme coins news, memecoin, memecoins

The Avalanche Foundation, a non-profit organization actively supporting the Avalanche community, has announced a $100 million support fund dedicated to facilitating the deployment of meme coins within the community. However, the organization has revealed strict guidelines and criteria that developers must adhere to before their meme coins would be considered eligible for support.  Avalanche Foundation […]