Ava Labs

Ava Labs CEO Exposes Warning Signs for Investments in Crypto Space
Crypto

Ava Labs CEO Exposes Warning Signs for Investments in Crypto Space

Emin Gun Sirer, CEO of Ava Labs, the L2 lead has sounded the alarm to crypto investors on Layer 2 project risks. In a post on X, Sirer warned not to promote centralized systems or those with no security measures because these are not in line with the basic decentralized principle of blockchain technology. Hey […]

Mar. 26, 2024
Citi Collaborates to Tokenize Private Equity Funds on Avalanche

Citi Collaborates to Tokenize Private Equity Funds on Avalanche

Citigroup has collaborated with Ava Labs, other traditional financial institutions, and digital asset businesses to develop a proof-of-concept for tokenizing private equity funds.¬†Although several legal and technical issues remain, Citi is confident that blockchain may change the game for private equity. The project used simulated workflows in a private equity fund issued by Wellington Management. […]

Feb. 15, 2024