Avalon Labs Explores Bitcoin-Backed Public Debt Fund to Bridge Traditional Finance and Crypto

Avalon Labs, a digital asset firm focused on Bitcoin-backed financial products, announced its plan to evaluate a Bitcoin-backed public debt fund under the U.S. Securities and Exchange Commission (SEC) framework. Notably, this move marks a significant step in integrating Bitcoin (BTC) into regulated investment structures. For context, the initiative aims to provide both cryptocurrency and…

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