BREAKING: Institutional investment strategies from $1.3T Wellington and $6B Fasanara are now live on Avalanche @MidasRWA is bringing mWIN and mGLOBAL to Avalanche, with access to institutional fixed income and alternative credit strategies onchain. These are assets that traditionally sit behind institutional infrastructure. On Avalanche, they become programmable, transferable, and usable.

“This is almost invisible infrastructure that sits in the background.” Ethena Pay is built for real-world use, for people who don’t want to think about blockchain infrastructure. This is why, @ethena CEO @gdog97_ explained, Ethena Pay is built exclusively on Avalanche.

Thank you to everyone who came to Avalanche Summit this week. I felt a tremendous amount of gratitude while walking through the venue and seeing what everyone was building, talking with the community, and seeing how far we have come. To old and new friends from across the world: I hope everyone came away feeling as energized and inspired by what we are doing as I did. My sincerest appreciation to our marketing team for putting on such an amazing conference. See you next time!

Thank you to everyone who joined us at Avalanche Summit in New York this week! Two packed days with founders, investors, institutions, developers, partners, and friends from around the world, all in one place. What stood out to me most was the quality of the conversations and the amount of real work happening across this ecosystem. We’ve come a long way, and there’s a lot more ahead. Huge credit to our team for pulling off an incredible week. Until next time 🔺

Avalanche Summit New York was excellent. Here a few of my initial takeaways: A lot of suits in the room this year. That's a tell. Avalanche, and this industry, is maturing fast. The institutions have arrived. This week alone: New York Life brought its first tokenized fund onchain through Centrifuge. Janus Henderson became a validator. Aave is launching an RWA lending market with Tether's USAT. NYSE's parent ICE is deep in evaluation for a 24/7 onchain trading platform. Tokenized U.S. stocks are coming to Avalanche through Pharaoh. And plenty more. The signal-to-noise ratio was genuinely high. Real value across the conversations, panels, and breakout discussions this week. Validators as a business, on current terms, face real structural challenges long term. This surfaced repeatedly in conversations and on panels. It's a problem worth taking seriously. The good news: that's exactly the problem our research agenda is designed to address. Measure, Capture, Distribute isn't theory anymore. The work is well underway. One of the best parts of this week was meeting the community in person. The quality of the conversations, the questions being asked, and the people showing up, it's a reminder of what this ecosystem is actually built on. One thing that stuck with me: the community already understands the hard problems. They're not waiting for answers, they're helping find them. Massive credit to Ava Labs for pulling off a genuinely strong Summit, and to Team1 for the community side events. The organization, the speakers, the energy, well done to everyone involved. The institutions have arrived. Our economics research agenda is moving. The community is engaged. What comes next is the part I'm most looking forward to. Vamos! 🔺

🚨 KEVIN O’LEARY SAYS AVALANCHE IS IN THE CONVERSATION AS INSTITUTIONS LOOK BEYOND ETHEREUM O’Leary says the assumption that Ethereum would become the standard across every sector “has not happened,” with Avalanche, Solana and other chains now being considered for wider adoption. He says the real watershed moment would be a major exchange choosing a blockchain for tokenization and pointed to the NYSE’s presence at the Avalanche conference as a sign exchanges are looking closely at these platforms.

My first Avalanche Summit as President, and it’s hard to imagine a better one. Getting to spend a few days in New York with so many people who have built, supported, and believed in Avalanche was pretty special. Thank you to everyone who came from all over the world to be here, and especially to our team who worked incredibly hard to make it happen.

What a whirlwind couple of days at Avalanche Summit. So much of what we’ve been working on behind the scenes came to life this week, and I’m incredibly proud of what this team continues to accomplish. ICYMI, a few highlights from the OnChain Finance world over the past couple of days: • Tether's @usat is coming to the network, with the first @aave RWA Hub set to serve as a key anchor for its launch. Aave Labs’s founder @StaniKulechov has said: “The biggest market that we are planning to build is actually on Avalanche.” Stay tuned for more on this! • @NYSE continues to engage closely with Avalanche as it evaluates infrastructure for its forthcoming tokenized equity ATS. As ICE’s Michael Blaugrund shared at Summit: “Avalanche checks a lot of [the] boxes for us, so we’re very engaged with the team.” • Tare raised $13.25M in seed funding to build its Avalanche-native credit platform connecting asset originators directly with institutional investors through a shared digital ledger, another important step toward bringing credit origination and financing onchain. • @JHIAdvisors continues to deepen its involvement across the ecosystem. The $500B+ asset manager has invested in two Avalanche-based origination and servicing companies, Tare and Tranched, and is working closely with both to help expand access to capital. The firm has also partnered with and invested in @ethena and @centrifuge and is now becoming an Avalanche validator. As Nick Cherney, Head of Innovation at Janus Henderson, put it: “We believe tokenization has the potential to reshape how investments are created, distributed and used across financial markets. […] Becoming a validator on Avalanche allows us to participate directly in the infrastructure supporting this evolution, while working alongside an ecosystem that has been particularly focused on private credit, fund tokenization, asset financing and other institutional use cases that are directly aligned to our strategic vision." • @Paxos has fully integrated Avalanche, bringing the network into infra serving 650+ institutions and supporting 470M+ end users globally. The integration expands institutional access to AVAX and Avalanche-native USDC and creates more ways for FIs and payment providers to build products and move money on the network, including enabling Charles Schwab to offer AVAX exposure and trading to its customers. • @NewYorkLife brought its first tokenized fund to Avalanche. Through Centrifuge, HYB brings NYLIM’s US High Yield Corporate Bond Strategy onchain, giving eligible investors access to an actively managed portfolio of US HY credit. A big thank you to all of our current and prospective partners who joined us on stage, in meetings and throughout the week to share how they're building the future of finance. And an especially huge thank you to my amazing OnChain Finance team @cryptoreine @MattSchmenk @Leandro84D @joeycannoli9 and Mike Manning, as well as our incredible marketing and comms partners who helped bring it all to life and tell the story. Still a lot to build. But a pretty exciting week for Avalanche OnChain Finance. ❤️🔺

INSIGHT: Kevin O'Leary says he's "back in the saddle buying new positions" for the next crypto cycle, calling the first major stock exchange to adopt a blockchain a "watershed moment" that will determine which chain wins institutional adoption.

"They're bored. And their investors are telling them to implement AI and implement blockchain. But they think about blockchain, and they don't know where to start." @gbartsmith, CEO of @avat_co on what's holding back a lot of companies from taking the leap.

“I now know with certainty that ETH will not be, in my view, the standard across all 11 sectors." At @avax Summit, @kevinolearytv points to the demand for faster transactional speed and the advantage of Avalanche’s multi-chain model.

BREAKING: NYSE plans to bring 24/7 trading on chain with their in-development ATS platform “As we’ve evaluated different platforms, Avalanche checks a lot of those boxes for us, so we’re very engaged with the team” - Michael Blaugrund of Intercontinental Exchange/NYSE

BREAKING: $807B New York Life Investment Management is bringing its first tokenized fund to Avalanche Through Centrifuge, HYB brings NYLIM’s U.S. High Yield Corporate Bond Strategy onchain, giving eligible investors access to institutional-grade credit directly on Avalanche. The fund opens up an entirely new corner of traditional credit markets on Avalanche, with an actively managed portfolio of high-yield U.S. corporate bonds now accessible onchain.

BREAKING: Aave to launch specialized RWA lending market on Avalanche Aave’s new RWA Hub will allow institutions to use tokenized financial assets as collateral to borrow stablecoins without selling their underlying positions. At the center of the market will be Tether’s USAT, serving as a primary source of dollar liquidity and one of its first major institutional use cases. Aave V4 has already attracted $20M+ in deposits on Avalanche since launching just two months ago. The RWA Hub now extends that infrastructure into tokenized financial markets, where assets can be financed, borrowed against, and put to work onchain.