Key dealers
- Yzi Labs has invested in Avalon Labs, which focuses on Bitcoin-supported financial services.
- Avalon Labs aims to become the first fully regulated Bitcoin financial institution.
Yzi Labs, the venture arms, which was previously known as Binance Labs, announced on Monday that it has invested in Avalon Labs, a platform for capital markets that specialize in Bitcoin-supported financial products. The terms of the deal were not revealed.
– yzi good (@yzilabs) May 26, 2025
Avalon Labs runs a Cedefi lending platform that includes Bitcoin-supported lending, Stablecoins, return-generating savings accounts and a credit card. The project enables Bitcoin holders to access immediate liquidity without selling their assets by using Bitcoin-supported StableCoins such as the USDA, the company’s flagship product.
According to Defillama, Avalon’s USDA has approximately $ 613 million in Total Value Locked (TVL), which is ranked as the second largest security point (CDP) Stablecoin project, only behind Sky’s USDS.
USDA’s TVL has grown rapidly since the launch, with pools distributed over multiple blockchains including Ethereum, BNB Smart Chain, Bitcoin and Mantle, according to data tracked by the project.
The largest TVL parts are available at Ethereum and BNB Smart Chain, each one hundreds of millions in collateral.
Discuss Yzi Lab’s decision to support Avalon, Alex Odagiu, the company’s investment director, stated that the move reflects their conviction in projects that pair technical health with long -term vision.
“Avalon exemplifies this by utilizing Bitcoin’s security and liquidity to build a fully integrated financial ecosystem-bridge the gap between Bitcoin’s huge potential and real usability and convert it into active financial asset for global markets,” Oagiu said.
Avalon Labs plans to use the new funding to conduct legislative compliance with several jurisdictions and expand its institutional lending operations. The company aims to become the first fully regulated Bitcoin financial institution.
“We are grateful for Yzi Lab’s support as we continue to build the main financial hub for Bitcoin,” said Venus Li, co -founder of Avalon Labs. “Our industry is comfortable with both user growth and capital inflow, and we are constantly challenging ourselves to contribute in addition to just capturing existing market share. As pioneers in Bitcoin Finance, we aim to introduce fresh capital and new participants.”
Yzi Lab’s announcement follows Avalon’s strategic Partnership with village bit In order to distribute its Cedefi protocol on the Bybit Earn platform, which allows users to earn a return on Bitcoin through institutional borrowing of fixed interest rates.
Avalon was previously part of Season 8 of the program most valuable builders (MVB) -A incubation initiatives led by the BNB chain, Yzi Labs and Coinmarketcap.
The investment came shortly after Yzi Labs said it supported Plume Network, a blockchain focusing on bringing real assets (Rwas) to the crypto ecosystem.
Yzi Labs manages over $ 10 billion in assets globally and has invested in more than 300 projects in 25 countries. Binance’s co -founder Changpeng “CZ” Zhao is the unit advisor.