Summary
- The Avalanche Foundation announced that it raised $250 million through a private token sale.
- It was reported that more than 40 companies, including Galaxy Digital, Dragonfly, and ParaFi, participated in this private token sale.
- It was previously stated that $230 million was raised in December 2021.
The Avalanche (AVAX) Foundation has reportedly raised $250 million through a private token sale round.
According to a Forbes report on the 12th (local time), the Avalanche Foundation secured $250 million through a private token sale involving over 40 companies, including Galaxy Digital, Dragonfly, and ParaFi.
The last token sale round by the Avalanche Foundation was in December 2021, when it raised $230 million.
YM Lee
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