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Avalon Finance - About the company

Avalon Finance is a series A company based in Road Town (British Virgin Islands), founded in 2024 by Venus Li. It operates as a Decentralized lending protocol built on Merlin Chain. Avalon Finance has raised $11.5M in funding from Framework Ventures and YZi Labs. The company has 1712 active competitors, including 270 funded and 52 that have exited. Its top competitors include companies like BitGo, Luno and Coins.ph.

Company Details

Decentralized lending protocol built on Merlin Chain. It features a lending protocol with an isolation pool mechanism supporting a range of assets, a derivatives exchange built upon the lending protocol foundation, facilitating trading of liquid assets, and an overcollateralized algorithmic stablecoin leveraging the lending protocol to optimize capital efficiency for users.
Social
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Email ID
*****@avalonfinance.xyz
Key Metrics
Founded Year
2024
Location
Stage
Series A
Total Funding
$11.5M in 4 rounds
Latest Funding Round
Ranked
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Avalon Finance's funding and investors

Avalon Finance has raised a total funding of $11.5M over 4 rounds. Its first funding round was on Mar 15, 2024. Its latest funding round was a Series A round on May 27, 2025 for $*****. 4 investors participated in its latest round. Avalon Finance has 13 institutional investors.

Here is the list of recent funding rounds of Avalon Finance:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 27, 2025
1606999
Series A
2374677
3597866
9881281
5565469
Dec 23, 2024
7288733
Series A
1310828
8882657
7017205
Jun 10, 2024
7991180
ICO
3133460
8684162
1733384
3370870
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Avalon Finance's founders and board of directors

Founder? Claim Profile
The founders of Avalon Finance is Venus Li.
Here are the details of Avalon Finance's key team members:
  • Venus Li: Co-Founder of Avalon Finance.
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Avalon Finance's Competitors and alternates

Top competitors of Avalon Finance include BitGo, Luno and Coins.ph. Here is the list of Top 10 competitors of Avalon Finance, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for BitGo
BitGo
2013, Palo Alto (United States), Public
Platform that offers crypto based financial services
$170M
81/100
2nd
Logo for Luno
Luno
2013, London (United Kingdom), Acquired
App-based platform for crypto wallet and investments
$13M
80/100
3rd
Logo for Coins.ph
Coins.ph
2014, Pasig (Philippines), Acquired
Digital wallet for Bitcoin assets
$40M
80/100
4th
Logo for Consensys
Consensys
2014, Fort Worth (United States), Series D
Developer of blockchain and web3 software platform
$725M
80/100
5th
Logo for FalconX
FalconX
2018, San Francisco (United States), Series D
Online platform offering cryptocurrency trading and investment solutions for institutions
$430M
79/100
6th
Logo for Amber Group
Amber Group
2017, Singapore (Singapore), Series C
Provider of blockchain-based financial solutions
$628M
77/100
7th
Logo for AVA
AVA
2018, Brooklyn (United States), Series B
Blockchain platform for smart contracts and custom subnets
$368M
75/100
8th
Logo for River Financial
River Financial
2019, San Francisco (United States), Series B
Blockchain focused investment firm
$70M
74/100
9th
Logo for BlockFi
BlockFi
2017, Jersey City (United States), Acquired
Online platform for trading, crypto-backed loans, interest accounts, and wallets
$466M
74/100
10th
Logo for Matrixport
Matrixport
2019, Singapore (Singapore), Series C
App-based platform offering crypto investment products and financial services solutions
$129M
73/100
73rd
Logo for Avalon Finance
Avalon Finance
2024, Road Town (British Virgin Islands), Series A
Decentralized lending protocol built on Merlin Chain
$11.5M
52/100
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Avalon Finance's Investments and acquisitions

Avalon Finance has made no investments or acquisitions yet.

Reports related to Avalon Finance

Here is the latest report on Avalon Finance's sector:

News related to Avalon Finance

Media has covered Avalon Finance for 1 event in last 1 year, It was about company updates.
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