Avalon Labs plans to explore Bitcoin supported public debt funds based on the SEC framework

Avalon Labs has announced its commitment to promoting the widespread adoption of Bitcoin supported financial products, targeting both encrypted and non encrypted users. The team believes that Bitcoin, as digital gold, has proven its value, and with more financial institutions issuing ETFs and incorporating Bitcoin into their investment portfolios, the market is ushering in further opportunities for development. Avalon Labs plans to explore Bitcoin supported public debt funds based on the SEC framework, with the aim of creating a leading Bitcoin on chain capital market. Previously, stablecoin issuer Avalon Labs raised $10 million in Series A funding, led by Framework Ventures.