Odaily News: The Avalanche Foundation has revealed that it will allocate up to $50 million to purchase tokenized assets created on its Layer-1 blockchain. The initiative, called Avalanche Vista, aims to highlight the value of tokenization in various fields such as stocks, credit, real estate, and commodities. (Techcrunch)



According to previous reports, in September 2022, digital asset securities firm Securitize announced the launch of a fund that tokenizes the equity of KKR's Health Care Strategic Growth Fund II (HCSG II) on Avalanche. The new tokenization fund is managed by Securitize Capital, the digital asset management division of Securitize.