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. […]

Ava Labs, the main developer of the Avalanche blockchain, intends to collaborate with Indian institutions and government agencies to expand its operations and help build applications on Avalanche (AVA). As a part of its expansion plans, the company has hired Devika Mittal of OKX and Kamakshi Arjun of Polygon as head of India and business […]