Avalanche Foundation to purchase up to $50m in Tokenized Assets!

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The Avalanche Foundation has announced a new incentive program worth $50 million to encourage the purchase of tokenized assets. The foundation aims to support startups and projects that leverage decentralized finance (DeFi) on Avalanche’s platform. The new program will provide seed funding and rewards to those who contribute to the growth of the ecosystem by purchasing bonds, stocks, and other tokenized assets. This initiative is expected to attract more investors and boost the mainstream adoption of DeFi, which is already gaining traction among businesses and individuals alike.