Animoca Brands invests in Ava Labs to boost Avalanche adoption in Asia and Middle East. The partnership focuses on real-world assets, digital identity, and entertainment. Animoca will provide business development support and regional network access.
Ava Labs develops the Avalanche layer 1 blockchain, known for speed and low costs. Its token AVAX powers transactions and security.
Hong Kong approved Bitcoin and Ether ETFs in April 2024, followed by a Solana ETF in October 2025. The city is also advancing tokenized bonds and trade finance via blockchain.