Avalanche (AVAX) raises $250 million from Galaxy Digital and other investors.
Popular altcoin Avalanche (AVAX) received $250 million in investments from Galaxy and others, Forbes reported.
The report noted that Avalanche raised $250 million in funding through a private token sale that involved more than 40 companies, including Galaxy Digital, Dragonfly, and ParaFi.
The Avalanche Foundation's last similar token sale was in December 2021, when it raised $230 million.
AVAX rose following the news.
*This is not investment advice.
Risk Disclosure: Guides, news, articles and analyzes on Bitcoinsistemi.com do not constitute investment advice. Keeping in mind that Bitcoin and cryptocurrencies are high-risk products, you should do your own research for each investment decision. Otherwise, you may come to the point of losing your entire investment. In this context, you should know that you are responsible for the losses that may arise from all your transfers and transactions.
Bitcoinsistemi.com is a news site, does not provide investment advice and does not recommend investing in any projects or digital assets. In this context, the content and content authors on Bitcoinsistemi.com cannot be held responsible for the investment decisions you make.
© Copyright 2023
