ME News reports that on May 12 (UTC+8), Avalon Labs announced plans to launch its first on-chain financial product based on the gold-backed token XAUt under its SuperEarn platform, further expanding its RWA asset allocation. The exact launch date will be announced separately.
This product will employ a diversified strategy portfolio, including quantitative neutral trading and real-world asset (RWA) allocation, with integrated risk management mechanisms. The product is planned to be available exclusively to qualified institutional users who have completed KYB verification.
Avalon Labs, led jointly by YZi Labs and Framework Ventures, is a leading on-chain financial infrastructure platform for Bitcoin.(Source: Avalon)


