Avalanche cryptocurrency is a platform developed by Ava Labs, which allows anyone to create their own multifunctional blockchains and decentralized applications (dApps). The system is designed to eliminate some of the limitations of older platforms, including low transaction speed, centralization and scalability. To do this, the project uses its own innovations. First of all, they include the unique Avalanche consensus protocol, which shows low latency, high throughput and resistance to attacks.

AVAX news today, Avalanche crypto latest news of token ticker

Avalanche

Wrapped AVAX today, WAVAX crypto latest news of token ticker

Wrapped AVAX

Telegram

Onyx by J.P Morgan and Apollo Global have announced a collaborative effort, leveraging Layer Zero to connect Onyx with a permissioned Avalanche Evergreen Subnet, which facilitated subscriptions and redemptions for funds offered by Wisdom Tree.

1️⃣This PoC demonstrates how blockchain tech and tokenization can potentially help automate portfolio management.
2️⃣ While only operationalized in a testnet environment, this represents an ambitious effort towards enabling personalized investment portfolios at scale.
3️⃣ Evergreen Subnets reap the benefits of public network development, innovation, and native integrations while enabling embedded, blockchain-level features only possible in enterprise blockchains.

https://vxtwitter.com/avax/status/1724759482238927161?s=46&t=BmcjxlDaJmhXUAVPlc7OEA

Learn more: https://www.avax.network/blog/onyx-j-p-morgan-leverages-avalanche-for-portfolio-management