ChainCatcher news, according to CoinDesk, the multi-chain L2 network Anduro, incubated by mining company Marathon Digital Holdings (MARA), has partnered with tokenization platform Vertalo to develop the Avant project, which issues and invests in real-world assets (RWA) on Bitcoin. They will tokenize whiskey barrels in a pilot project.Anduro aims to avoid the RWA play existing on Ethereum and Solana blockchains, instead simply cutting and pasting it onto the Bitcoin network.Additionally, Marathon's incubation of Anduro may reflect a trend where mining companies are seeking new sources of transaction fee revenue to cope with the block reward halving that occurs every four years.

ChainCatcher news, the crypto asset management company Avantgarde Finance has appointed TradFi expert Frances Edwards as its new Chief Operating Officer, responsible for overseeing operations, product development, and execution.It is reported that Frances Edwards has previously worked at BlackRock, Barclays, and Lloyds Banking Group, and is an expert in investment product development and construction.

ChainCatcher news, the oracle-based synthetic derivatives protocol Avantis has completed its mainnet launch on the Base chain. Avantis received investment support from the Base Ecosystem Fund last September, and its protocol allows users to trade cryptocurrencies and real-world assets with leverage. In addition to the Base Ecosystem Fund, other supporting institutions for Avantis include Pantera, Galaxy, Founders Fund, and Modular Capital.

ChainCatcher news, DeFi derivatives trading platform Avantis Labs has completed a $4 million seed round financing, led by Pantera Capital, with participation from Founders Fund, the Base ecosystem fund under Coinbase, and Modular Capital.It is reported that the new funds will be used to develop its flagship product Avantis, which is a perpetual contract trading and market-making protocol.

ChainCatcher news, Coinbase's L2 blockchain Base officially announced that its ecosystem fund, Base Ecosystem Fund, has completed investments in six projects.The projects that received investment include: Avantis (an oracle-based synthetic derivatives protocol), BSX (a decentralized limit order book), Onboard (on-chain self-custody service), OpenCover (an L2 insurance aggregator working with underwriters like Nexus Mutual), Paragraph (an on-chain creator platform), and Truflation (an on-chain financial oracle).In addition, Base stated that it will collaborate with relevant teams to promote the development of the Base ecosystem and bring more builders and users on-chain.

ChainCatcher news, according to the Bangkok Post, Thailand's land ownership digital asset tokenization platform Avantis has announced the completion of 100 million baht (approximately 2.83 million USD) in Series A funding, led by J Ventures Company Limited (JVC) and Rende Development Company Limited.Avantis stated that the new funds will drive the company's launch of a digital asset tokenization platform named SANGA, which will promote the issuance of digital land ownership contracts by converting them into virtual plots or NFTs. SANGA will also expand into the digital banking sector in the future, with plans to launch within the next 1-2 years. (source link)