Avalanche invests $1 billion to bet on the global future of blockchain
Source: CoinWorld
Time: 2025-09-11 15:12:10
The Avalanche Foundation has launched a multi-year strategic plan with a spending of more than $1 billion to expand its reach in the global blockchain and DeFi sectors. This investment will be used to support development incentives, ecosystem grants, research and infrastructure development, focusing on scalable applications, interoperability and cross-chain solutions. New regional offices in Asia and Latin America are designed to diversify market coverage, while developer grants and incentives are primarily targeted at financial infrastructure, authentication and data privacy projects. Analysts believe that this move is a measure to enhance competitiveness when the industry faces challenges of scale.