So much for summer being quite
@avax
🚨 Avalanche in August 🚨
A historic month of institutions, RWAs, and global finance going onchain:
• Toyota is building a 4-L1 ICM prototype for vehicle financing & mobility
• FRNT launched the first U.S. state stablecoin
• Bowmore tokenized rare whisky bottles
• SkyBridge Capital to tokenize $300M of hedge funds
• JYPC launched the first approved JPY stablecoin
• Dinari deployed a “decentralized DTCC” L1 for tokenized U.S. stocks
• Chronicles released 140+ verifiable RWA data feeds
• LSU Athletics unveiled Geaux Rewards with Uptop
• Re introduced institutional-grade yield backed by T-bills & insurance
• Circle Gateway went live on mainnet, unifying USDC balances
• Keyring + Euler launched ZK-verified DeFi vaults
• VISA added Avalanche support for USDC, PYUSD, USDG & EURC
• Grayscale filed to convert its Avalanche trust into an ETF
• SMBC Group & Densan teamed up with Avalanche to explore new nationwide payment & settlement services
• The Crypto Company announced the first DAT for AVAX
• FundBridge + Libeara launched ULTRA tokenized U.S. Treasuries
• U.S. Commerce Dept. began distributing GDP data onchain
Avalanche is where institutions, RWAs & global finance go onchain, and this was just August. 🔺
The effects are compounding. Recognition will follow.
September is next.
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