News

According to ChainCatcher, Mable Jiang has announced the founding of the on-chain social protocol Trends and her departure from her full-time role at FSL, though she will continue to serve as an advisor. Trends aims to create a value-anchored social protocol, advancing the integration of information and finance. The project has already received early support from prominent industry founders and investors, including Solana founder Anatoly Yakovenko, the Jupiter team, LayerZero founder Bryan Pellegrino, and Multicoin partner Tushar Jain. Trends will initially serve as an on-chain curation layer for X, with plans to expand to more open content platforms in the future. The core concept of the protocol is to combine social interactions with value transfer, allowing each piece of content to have its own value curve. Accounts that consistently produce high-quality content will accumulate on-chain reputation, thereby establishing a new paradigm of on-chain social capital.

On July 17, it was announced that Avalon Labs has officially joined the Bitcoin for Corporations (BFC) alliance, which was co-founded by the US-listed company MicroStrategy and Bitcoin Magazine, becoming an Executive Member of the organization. The alliance is dedicated to advancing the strategic adoption of Bitcoin among global enterprises, assisting companies in building Bitcoin treasuries, formulating Bitcoin strategies, and providing education and resources for senior executives. As a pioneer in driving corporate Bitcoin adoption, BFC currently has more than twenty member companies, including MicroStrategy. Joining BFC will further strengthen Avalon Labs' leading position in the field of Bitcoin financial infrastructure and provide support and a bridge for more enterprises and institutions to embrace Bitcoin.