Deals • December 12, 2024, 9:16AM EST Published 1 minute earlier on UPDATED: December 12, 2024, 10:16AM EST Quick Take Layer 1 blockchain project Avalanche has raised $250 million in a locked token sale led by Galaxy Digital, Dragonfly and ParaFi Capital. The investment will support the Avalanche9000 upgrade, currently in testnet, designed to drastically reduce blockchain deployment and transaction costs. Layer 1 blockchain project Avalanche has announced the raise of $250 million via a locke...