Ava Labs Raises $350 Million at a $5.25 Billion Valuation | CoinMarketCap

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Ava Labs Raises $350 Million at a $5.25 Billion Valuation | CoinMarketCap
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Avalanche is raising $350 million more to compete with Ethereum. TheCoinPope1 has the full story here! 👇

, an analytics firm. Its current total value locked stands at $10.44 billion, only behind Ethereum, Terra, and BNB Chain.

By closing a new funding round, Ava Labs, the developer behind Avalanche, aims to go toe-to-toe with Ethereum, which is scheduled to switch to proof-of-stake as part of its "This article contains links to third-party websites or other content for information purposes only .

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