News Explorer — Avalanche Foundation Launches $50 Million Avalanche Vista Program to Push Tokenization

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Avalanche Foundation Launches $50 Million Avalanche Vista Program to Push Tokenization

The Avalanche Foundation has launched Avalanche Vista, a $50 million initiative to promote tokenization on the Avalanche blockchain. Tokenization allows for the conversion of offchain assets into digital tokens on the blockchain, enabling easier access to markets such as real estate for smaller investors. The fund will be used to purchase various tokenized assets, including equity, credit, real estate, and commodities, on the Avalanche Blockchain.

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