Avalon Labs, the issuer of a Bitcoin stablecoin, announced that their airdrop registration event, which lasted just one day, attracted over 3 million registrants and 18 million page visits. Currently, Avalon Labs’ airdrop registration is still ongoing. As a leading financial infrastructure platform in the BTCFi field, Avalon Labs has surpassed a total locked value (TVL) of $2 billion. In 2024, Avalon Labs successfully completed a $10 million Series A funding round led by well-known venture capital firm Framework Ventures, further solidifying its strength in the crypto finance sector.
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