Avalon Labs launches Bitcoin institutional lending to inject liquidity into institutional funds

BlockBeats News: On April 10th, Avalon Labs announced the official launch of an institutional level Bitcoin over collateralized lending product, providing secure, transparent, and efficient on chain lending services for institutional Bitcoin holders. This product adopts an over collateralization mechanism, supporting BTC as collateral asset. Institutional users can use stable lending annual interest rates and flexibly choose open-ended lending terms. At present, Avalon Labs has advanced the access process with several well-known institutions in the industry, and the first batch of partners are about to go online. In the future, the platform will further open up customized lending models to meet the risk management and asset allocation needs of institutions of different sizes. As the world's largest Bitcoin stablecoin issuance platform, Avalon Labs' ecosystem products cover multiple directions such as stablecoins, lending protocols, and credit payments. The launch of institutional lending products this time is an important milestone for Avalon Labs to build a financial center on the Bitcoin chain.