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.
- Website
- www.avalonfinance.xyz/
- Email ID
- *****@avalonfinance.xyz
Key Metrics
Founded Year
2024
Location
Road Town, British Virgin Islands
Stage
Series A
Total Funding
$11.5M in 4 rounds
Latest Funding Round
Investors
Ranked
73rd among 1712 active competitors
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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:
Filter 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 |
View details of Avalon Finance's funding rounds and investors
Avalon Finance's founders and board of directors
Founder? Claim ProfileThe 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.
View details of Avalon Finance's Founder profiles and Board Members
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | BitGo 2013, Palo Alto (United States), Public | Platform that offers crypto based financial services | $170M | 81/100 | |
2nd | Luno 2013, London (United Kingdom), Acquired | App-based platform for crypto wallet and investments | $13M | 80/100 | |
3rd | Coins.ph 2014, Pasig (Philippines), Acquired | Digital wallet for Bitcoin assets | $40M | 80/100 | |
4th | Consensys 2014, Fort Worth (United States), Series D | Developer of blockchain and web3 software platform | $725M | 80/100 | |
5th | FalconX 2018, San Francisco (United States), Series D | Online platform offering cryptocurrency trading and investment solutions for institutions | $430M | 79/100 | |
6th | Amber Group 2017, Singapore (Singapore), Series C | Provider of blockchain-based financial solutions | $628M | 77/100 | |
7th | AVA 2018, Brooklyn (United States), Series B | Blockchain platform for smart contracts and custom subnets | $368M | 75/100 | |
8th | River Financial 2019, San Francisco (United States), Series B | Blockchain focused investment firm | $70M | 74/100 | |
9th | BlockFi 2017, Jersey City (United States), Acquired | Online platform for trading, crypto-backed loans, interest accounts, and wallets | $466M | 74/100 | |
10th | Matrixport 2019, Singapore (Singapore), Series C | App-based platform offering crypto investment products and financial services solutions | $129M | 73/100 | |
73rd | 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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Avalon Labs Announces Monumental AVL Token Burn, Price Soars 8%Coinspeaker•Sep 10, 2025•Avalon Finance
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Avalon Labs Burns 80 Million AVL Tokens to Kick Off Deflationary PhaseBitcoin•Jun 10, 2025•Avalon Finance
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Avalon Labs Secures Strategic Funding Led by YZi LabsPANews•May 27, 2025•Avalon Finance, YZi Labs, Mirana, CE Innovation Capital and 1 other
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Taiko Kicks off Taiko Takeoff Program with Avalon to Advance DeFi GrowthPR Newswire•Feb 04, 2025•Taiko, Avalon Finance
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Stablecoin issuer Avalon Labs completes $10 million Series A financing, led by Framework Venturesmarsbit.co•Dec 23, 2024•Avalon Labs, Framework Ventures, Presto Labs, Kenetic and 3 others
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Avalon Finance get $1.5 Million in Seed Funding to Enhance DeFi LendingBitcoin Ethereum News•Mar 16, 2024•Avalon Finance, Merlin Chain, SNZ, Summer Capital and 10 others
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