Avalon Labs is a company that describes its mission as building the future of Bitcoin’s onchain capital markets. According to the website, Avalon Labs operates as both the creator of what it describes as the world’s largest onchain Bitcoin-backed lending marketplace and the issuer of USDa, which it describes as the world’s first Bitcoin-collateralized stablecoin. Avalon’s stated vision is to merge the transparency and efficiency of blockchain with the principles of traditional finance. In December 2024, as reported by CoinDesk, Avalon Labs raised $10M in a Series A funding round led by venture firm Framework Ventures, with contributions from UTXO Management, Presto Labs, and crypto-focused investment firm Kenetic Capital. Visit the #BlockchainThursday link in our bio to learn more. #Bitcoin #DeFi #BCT