BlockBeats News, January 18th, according to official sources, Bitcoin stablecoin issuer Avalon Labs announced the official launch of the USDa and sUSDa Berachain Vault, with a first-day TVL exceeding $50 million. Users can utilize this Vault to achieve automated multi-reward points, cross-chain asset management, and participate in Berachain's Boyco staking event. This new initiative not only provides users with more profit opportunities but also further enhances the liquidity and ecosystem interoperability of the two major platforms, Avalon Labs and Berachain.
As a leading financial infrastructure platform in the BTCFi field, Avalon Labs has surpassed a total locked value (TVL) of $2 billion, maintaining a leading position in the industry. In 2024, Avalon Labs successfully completed a $10 million Series A funding round led by the renowned venture capital firm Framework Ventures, further solidifying its strength in the crypto finance sector.
