According to Foresight News, Bitcoin ecosystem lending protocol Avalon Labs, formerly known as Avalon Finance, has announced a rebranding initiative. The company will now focus on two main business areas: CeDeFi and DeFi lending centered around Bitcoin. Additionally, Avalon Labs plans to introduce its lending stablecoin as part of this strategic shift.
Previously, Avalon Labs achieved a first-place tie with Bedrock in the second round of the BNB Incubation Alliance in Nashville and will advance to the MVB program. The rebranding aims to enhance services for both retail and institutional users, striving to establish a more comprehensive on-chain lending system.
