Avalanche completes $250 million financing, with participation from Galaxy Digital and others
On December 12, the Avalanche Foundation announced that it had raised $250 million for its blockchain platform through a private token sale. Galaxy Digital, Dragonfly and ParaFi Capital, along with over 40 other companies participated in the investment. It is reported that in December 2021, the foundation had raised $230 million through a similar token sale.
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