Nicolas Lemaitre🔺
Nicolas Lemaitre🔺
AVAX+0.17%
Avalanche In Focus 🔺 3 exciting things from this week in 30s - DAT on Avalanche - Korea's crypto adoption - RWA's exponential growth Let's dive in 👇
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Why it matters - Legitimacy and Trust from institutions - Liquidity for RWA on Avalanche - Demand for the Native Token DATs bring real-world money, credibility, and new financial products into the Avalanche ecosystem
Korea has had a massive month with many huge announcements on Avalanche - Mirae signed an MOU with Ava Labs at KBW - KRW1 is a fully collateralized, won-backed stablecoin - Fandom is moving onchain with Festival tickets and KPOP fan app
Avalanche🔺
Avalanche🔺
Avalanche is adding a $316B giant to its institutional ecosystem. 🔺 Mirae Asset Global Investments, one of Asia’s largest asset managers, signed an MOU with Ava Labs at KBW to pioneer fund tokenization and on-chain fund operations.
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Why it matters Korea has always been a tech pioneer, and has led the way with new tech adoption Banks, the government, and some of the largest national companies are all looking to build an onchain economy Other countries are watching, and will want their slice of the pie soon
RWA's growth on Avalanche is going exponential Since the start of the year, the RWA market has gone from $136M to $750M A 5x growth in 10 months, and the sectors include real estate, commodities, hedge funds and stablecoins
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