Kraken Launched AVL Trading
2026-08-27 23:17:54
According to CoinMeta, Kraken announced that the AVL token is now available for trading, with trading starting on August 27, 2026. Users can add this asset through their funding options and ensure that the tokens are stored on networks supported by Kraken. Avalon Labs is building a blockchain-based financial ecosystem aimed at connecting decentralized finance with traditional financial services. The platform covers BTC mortgage loans, Bitcoin-backed stablecoins USDA, and yield-generating products, utilizing Cedefi and DeFi lending infrastructure. AVL is the governance token of the ecosystem, with a total supply of 1 billion tokens. Staking AVL allows users to earn SAVL and comes with voting rights and other benefits.
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Source:Kraken
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