Avalanche raises $230 Million Investment Led by Polychain and Three Arrows Capital

The Avalanche foundation has raised $230 million investment in a private token sale from investors led by Polychain and Three Arrows Capital. Other investors include R/Crypto Fund, Dragonfly, CMS Holdings, Collab+Currency, Lvna Capital and a group of angel investors and family offices.

The governance token sale triggered a rally and set a new all-time high price and is currently up more than 400% since August.

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