Avalanche raised $350 million in financing at a valuation of $5.25 billion

Home / Avalanche raised $350 million in financing at a valuation of $5.25 billion

Avalanche raised $350 million in financing at a valuation of $5.25 billion

posted on April 14, 2022 by in Blockchain

Ava Labs, Avalanche’s main blockchain developer, has raised $350 million in new funding at a valuation of $5.25 billion.
According to DeFi Llama, the total blockchain value of funds (TVL) in Avalanche is currently valued at more than $13 billion.
Avalanche is now the fourth largest blockchain after Ethereum, Terra and BNB Chain.

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