Avalon Labs, the issuer of a Bitcoin stablecoin, announced that their airdrop registration event, which lasted just one day, attracted over 3 million registrants and 18 million page visits. Currently, Avalon Labs’ airdrop registration is still ongoing. As a leading financial infrastructure platform in the BTCFi field, Avalon Labs has surpassed a total locked value (TVL) of $2 billion. In 2024, Avalon Labs successfully completed a $10 million Series A funding round led by well-known venture capital firm Framework Ventures, further solidifying its strength in the crypto finance sector.
Source: https://coinpedia.org/crypto-live-news/avalon-labs-airdrop-registration-exceeds-3-million-registrants-in-a-day/