Odaily News Avalon Labs, which focuses on building on-chain financial products for Bitcoin, is considering launching the first Bitcoin-backed public debt fund and studying the possibility of the fund complying with the U.S. SEC's Regulation A exemption.
This regulatory pathway, often referred to as a “mini IPO,” allows companies to raise capital from both accredited and non-accredited investors through a public offering without having to meet the extensive requirements of a full SEC registration. While no official timeline has been announced, Avalon Labs is currently in the exploratory phase, evaluating the regulatory framework and consulting with industry professionals to determine the feasibility of such a fund.
The initiative is part of Avalon Labs’ broader strategy to expand its bitcoin lending business into the U.S. market through a regulated investment structure.
In December last year, Avalon Labs completed a US$10 million Series A financing round, led by Framework Ventures, with participation from UXTO Management, Presto Labs and Kenetic Capital.