Onyx Digital asset leveraged a variety of interoperability protocols to tap into assets tokenized on blockchain beyond its platform built on Consensys Quorum.
LayerZero connected Onyx Digital Assets with a permissioned Avalanche Evergreen Subnet, which facilitated subscriptions and redemptions for funds offered by WisdomTree, a leading asset manager and pioneer in fund tokenization.
Avalanche Evergreen Subnets are institutional blockchains. They offer a range of features including EVM compatibility, permissioning, smart contract deployment, transaction levels, network privacy, and custom gas.
Financial services leaders are embracing blockchain, smart contracts, and tokenization to enhance legacy capital markets infrastructure and institutional workflows. WisdomTree and other Wall Street firms are participating in Spruce, an Evergreen Subnet, to test on-chain finance.
According to the PoC participants, the initiative yielded several learnings that validated key benefits:
Inclusion of alts in discretionary portfolios: Tokenized funds can standardize and automate the funding, order execution, and settlement processes for both traditional asset classes and alts.

Efficiency and scalability: The PoC demonstrated that multiple portfolios can be linked to representative models and automatically rebalanced through smart contracts.
Broadening the investable universe with ledger interoperability: Interoperability protocols enabled wealth managers to access funds tokenized on various blockchain platforms without having to move the underlying assets from their base ledger of record.
Improving the blockchain user experience: Novel Account Abstraction concepts, such as Biconomy’s Paymaster service, abstracted the complexities of interacting with blockchains, including the need to pay for blockchain transaction fees. Interoperability solutions abstracted the complexities of accessing assets across disparate blockchains and managing blockchain private keys.
About Avalanche
Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second.
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Colony Launch Validator Program V2, validation, incorporating a liquid staking component. Validator & Sustainability Programs are more than initiatives; they're the bedrock of #Colony's long-term vision.
The Validator Program V1 is designed to validate the primary network #avalanche actively contribute to securing this growing network and help usher in a wave of new applications and assets on Avalanche.
The program involves quarterly staking of 300,000 AVAX and linearly redistributes the generated yield (minus fees) to Colony’s CLY staking contract. rewards from this validator node will be distributed to $CLY stakers without requiring them to stake their own $AVAX , trade it, or provide liquidity. This ensures that $CLY stakers receive consistent free $AVAX rewards throughout the year.
The launch of Validator Program V2 dedicated to subnets’ validation, and incorporating a liquid staking component.
Colony to lead & support the ongoing growth of the #Avalanche ecosystem, promising an exciting journey towards sustained development and innovation.
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Avalanche foundation launches Avalanche Vista allocate $50M for purchasing tokenized asset on Avalanche blockchain, including real-word and off chain asset.

The program called “Avalanche Vista” has the goal of supporting and showcasing the importance of tokenization. Tokenization is the process of creating a digital representation of an asset, item, or thing on a blockchain. n process effectively. Avalanche Foundation Launches Avalanche Vista.

The Avalanche Foundation’s $50 million investment intends to make the financial system more accessible, efficient, and cost-effective by using Avalanche’s consensus process, unique Subnet design, and technological innovation. The purpose is to drive the adoption of tokenization and on-chain finance by showcasing the advantages of blockchain rails in manual, operationally-intensive use cases such as asset issuance, settlement, transfer, and administration.

Avalanche Vista will consider assets across the full liquidity spectrum, including equity, credit, real estate, commodities, as well as those that are blockchain-native.

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SubQuery network newest partnership with Polkadex a fully non-custodial peer-to-peer orderbook-based cryptocurrency exchange for the DeFi ecosystem built on Substrate.

Polkadex offers high liquidity, fast transaction speeds, and advanced trading capabilities including high-frequency trading and trading bots in a trustless peer-to-peer environment.

The data indexer of SubQuery will enable Polkadex to efficiently retrieve on-chain data, allowing seamless access to both real-time and historical blockchain data. This feature allows for fast updates to the order book, greatly improving the performance of the platform as a whole.

Polkadex can provide traders of all levels with a smooth and user-friendly experience by utilizing SubQuery's efficient and dependable indexing capabilities.

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Notifi Partners with Delta Prime to Deliver Notifications and Real-Time Alerts for Decentralized Lending and Borrowing.

With this integration, Delta Prime users will now receive real-time updates and alerts on email and Telegram, allowing them to stay informed about their loans and investments.

Additionally, they can set notifications for alerts on liquidation and other important announcements.

Delta Prime will provide their users with the necessary information they need to make informed decisions and take action at the right time.

Notifi offers flexible support and simplified communication across all web3 messaging channels, including Discord, Telegram, SMS, and email, for any web3 project.

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Hinkal Launch on Avalanche, bringing frictionless privacy for on-chain assets and transactions, including trading, transfers and payments to the ecosystem.

The launch of Hinkal on Avalanche is not just another chain launch. It signifies a significant step towards establishing a crypto world where privacy is easily accessible and without any additional obstacles. This is an aspect that is currently lacking in the Avalanche ecosystem.

Hinkal introduces to Avalanche a robust privacy layer, concealing transaction details (wallet addresses and assets) on the blockchain for free.

Hinkal is designed to prevent illicit parties from using the protocol. In order to achieve this, users (individuals and organizations) should obtain an “Access Token”

About Hinkal Protocol

Hinkal is a Privacy Protocol that helps users make private transactions with the use of shielded addresses, zkProofs and relayers.

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The world's largest AMM, Uniswap, launched on Avalanche C-Chain. Uniswap follows Curve and Aave into Avalanche as another DeFi bluechip expands to Avalanche.

The launch gives Avalanche yet another DEX to complement the many pioneering Avalanche-native exchanges, such as Trader Joe, Dexalot, and DeltaPrime.

The expansion comes through Uniswap governance. Michigan Blockchain, the University of Michigan's blockchain club, suggested the deployment in February for "a robust, multi-chain future" and "Avalanche's growing ecosystem."

Uniswap’s current version, V3, is based on concentrated liquidity, which allows liquidity to be allocated over a specified price range.

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