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Ava Labs Brings $10B Asset Class To Avalanche Blockchain With World's First Litigation Financing Token
Summary: Ava Labs, the team behind the Avalanche blockchain, announced today that it has collaborated with Roche Cyrulnik Freedman LLP and Republic Advisory Services to launch the first Initial Litigation Offering (ILO) token, which is a blockchain-based litigation financing product open to all investors, including retail investors to invest in the results of litigation. Ava Labs ...
Ava Labs, the team behind the Avalanche blockchain, announced today that it has collaborated with Roche Cyrulnik Freedman LLP and Republic Advisory Services to launch the first Initial Litigation Offering (ILO) token, which is a blockchain-based litigation financing product open to all investors, including retail investors to invest in the results of litigation.
Ava Labs sees the worth of the litigation financing market is $10 billion, and the organization is implementing other regulatory procedures to achieve the initial issuance and secondary market transactions of ILO tokens.
By Mary Liu
Tags: AVA Labs,Avalanche,Blockchain,ILO,Initial Litigation Offering
Link: Ava Labs Brings $10B Asset Class To Avalanche Blockchain With World's First Litigation Financing Token [Copy]
