Avant completed a $6.5 million seed round of financing, based on the encryption protocol of Avalanche, providing a stable income Token avUSD, allowing users to deposit Circle's USDC or Tether's USDT and participate in various Decentralized Finance activities.

Golden Finance reported that Avant, the developer of the encryption revenue protocol, has completed a $6.5 million seed round financing with a post-financing valuation of $25 million. Participants in this round of financing include Superlayer, Avalaunch, GoGoPool, Daybreak Digital, and Linda.