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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
Decentralized Finance protocol Avant completed a $6.5 million seed round financing, with Superlayer, Avalaunch, and others participating
Shenchao TechFlow News, on November 28th, according to TheBlock, Decentralized Finance protocol Avant completed a $6.5 million seed round financing, with participation from Superlayer, Avalaunch, GoGoPool, Daybreak Digital, and Linda Kreitzman.
It is reported that Avant is an encryption yield protocol based on Avalanche, providing a stable income Token similar to Ethena. The Avant issuance, named avUSD, is a 'value stable' Token that can stake this Token to receive savUSD, which is a profitable version of avUSD. To mint avUSD, users deposit Stable Coins such as Circle's USDC or Tether's USDT into the Avant Protocol, which operates on the Avalanche Block on-chain. Although avUSD itself does not generate income, it is designed for various Decentralized Finance activities, such as lending.