CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino
crypto.news 2025-02-12 10:50:10

Avalon Labs considers filing first Bitcoin-backed debt public fund

Avalon Labs says it is exploring the possibility of filing the industry’s first Bitcoin-backed debt public fund aligned with SEC regulations. After issuing the world’s first Bitcoin ( BTC )-backed stablecoin USDa, Avalon Labs wants to expand their suite of financial products pegged to the BTC. On Feb. 12, Avalon announced in a recent post that is currently evaluating the possibility of filing the industry’s first Bitcoin-backed public debt fund under the U.S. Securities and Exchange Commission Regulation A framework. The SEC Regulation A framework is a securities exemption that enables companies to raise capital from credited and non-accredited investors through a public offering without having to adhere to a full SEC registration. As a result, Regulation A is often likened to a “mini- IPO ” and is widely used by fund managers, real estate investment trusts, and private companies to enter the market. By establishing the first Bitcoin-backed public debt fund, Avalon Labs hopes to bridge the gap between traditional finance and the crypto industry, paving the way for new opportunities to expand on Bitcoin-backed financial products. https://twitter.com/avalonfinance_/status/1889570340311073019 You might also like: Goldman Sachs CEO: ‘I don’t see Bitcoin as a threat to the U.S. dollar’ Co-Founder of Avalon Labs, Venus Li, said in a statement that Avalon Labs has spent years researching how Regulation A is implemented in traditional finance and how it could be utilized within the crypto sphere. “While successful precedents in the crypto industry are limited, our analysis of previous SEC-approved cases suggests a viable path forward,” said Li in a press release. In 2021, Li had successfully secured approval for a public debt fund from the SEC. If successfully implemented, a Bitcoin-backed public fund could become a milestone for the crypto industry, as it could attract more traditional investors into putting their funds in Bitcoin, while boosting mainstream adoption of Bitcoin-backed financial products. Avalon Labs is an on-chain financial center for Bitcoin, offering users a variety of crypto-centered products including BTC-backed lending, a Bitcoin-backed stablecoin, yield-generating accounts, and a credit card. According to data from DeFi Llama, Avalon’s Bitcoin-backed stablecoin, USDa, has a market cap of over $254 million. Read more: USDa is the second-largest CDP project worldwide at $84M

면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.