The Avalanche Foundation has established a Distributed Ledger Technology (DLT) Foundation within the Abu Dhabi Global Market (ADGM). This new entity, known as the AvalancheDLT Foundation, aims to bolster the adoption of Web3 applications and foster business collaboration and ecosystem development across the Middle East and North Africa (MENA) region.
The AvalancheDLT Foundation will act as the primary regional hub for Avalanche, supporting projects, partnerships, and government initiatives. It will also focus on business participation and developer outreach within a regulated framework, integrating existing MENA initiatives to enhance transparency and operational efficiency.
Avalanche Foundation Launches DLT Entity in Abu Dhabi
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
