BlackRock's BUIDL topped $900 million on Avalanche after adding $436 million in one week, taking its total AUM to about $2.87 billion today.
BlackRock's BUIDL surpassed $900M on Avalanche as total AUM reached $2.87B, highlighting institutional demand for tokenized Treasuries.
The rapid growth in tokenized assets on Avalanche signals a shift towards blockchain-based financial products, potentially impacting Ethereum markets. BlackRock's BUIDL fund on Avalanche doubles to $900M AUM in a week.
Hyundai Card moved $20,000 USDT on Avalanche in seven minutes, vs 3–4 hour bank wires. A Europe test with Visa and Circle is next.
Hyundai's blockchain pilot could accelerate corporate adoption of stablecoins, but regulatory challenges may vary across global markets. Hyundai Motor completes $20,000 USDT transfer pilot on Avalanche.
Avalanche positioned itself as a formidable challenger to Ethereum during the previous market cycle. The platform's high-speed transactions, minimal transaction costs, and flexible subnet architecture attracted both developers and institutional players throughout the last bull run.
Regulatory compliance: The crypto treasury firm AVAX One Technology has officially restored its compliance with Nasdaq Listing Rule 5550(a)(2). Supply adjustment: The company executed a 1-for-12 reverse stock split to raise the trading price of its shares in the public market.
AVAX One's NASDAQ compliance highlights the strategic use of reverse stock splits to maintain market presence and investor confidence. AVAX One regains NASDAQ compliance after reverse stock split.
AVAX One, which stockpiles the native token of the Avalanche crypto network, is back in Nasdaq's good graces after a reverse stock split.
Avalanche Treasury Company CEO Bart Smith explains his beliefs on the functions of treasury companies and his bull thesis for Avalanche.
Hyundai Card has completed its first stablecoin-based cross-border remittance test, settling a $20,000 payment between Hyundai Motor's U.S. and Mexican entities in about seven minutes using USDT on Avalanche.
AVAX One named Pete Wylie interim CEO after Jolie Kahn stepped down, as its Avalanche treasury strategy faces weak AVAX prices.