- The fund will invest any asset that can be tokenized.
- It can be stocks, loans, real estate or commodities.
The Avalanche Foundation has announced the launch of a $50 million initiative to be called “Avalanche Vista.”
The main goal of this program is to support and demonstrate the value of tokenization for various asset classes. As part of the project, the fund will act as an investor, evaluating certain products from the prospect of acquiring them. Avalanche Vista will look at assets across the liquidity spectrum, including equities, credit, real estate, commodities.
In an interview with Decrypt, Morgan Krupecki, director of business development for institutional and capital markets at Ava Labs, said:
“The goal of the program is to find protocols that span all asset classes and have a clear value proposition, a comprehensive go-to-market strategy, and a considered view of product-market fit.”
In addition, Avalanche Foundation will consider blockchain-based assets for purchase. Krupecki added that tokenized products will be available for trading and management online, allowing parties to conveniently track their performance in real time.
Remember, Ava Labs CEO Emin Gün Sirer said in June that tokenization was not created to circumvent laws.
Ava Labs CEO Emin Gün Sirer said in June.