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Partnership for Avalanche Network Growth

Jun 11, 2024

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The collaboration between Oasis Pro, a global fintech infrastructure provider, and Rise & Shine Partners, a digital assets and blockchain technology-focused investment firm, has led to the creation of a Fund aimed at seizing the opportunities presented by the Avalanche network. The Fund is designed to support the network's infrastructure and applications through direct staking.

Named the R&S Avalanche Infrastructure Fund, it will be utilized to construct a diverse portfolio of assets and applications that operate on or are integrated with the Avalanche blockchain. The strategy encompasses acquiring assets of the Avalanche network, such as the native AVAX token, and engaging in staking to receive rewards from various Layer 1 protocols within the ecosystem.

The team at Rise & Shine Partners highlighted the desirable characteristics of the Avalanche network, including its low fees, robust security, and near-instant transaction finality, positioning it as an appealing platform for blockchain ventures. They emphasized its expanding adoption across DeFi, gaming, enterprise, and institutional sectors as a strong indicator of its potential.

This partnership will leverage Oasis Pro's proficiency in digital securities and blockchain technology to offer investors a straightforward pathway to engage with the Avalanche blockchain network and its ecosystem. The Fund's placement agent will be Oasis Pro Markets, a subsidiary of Oasis Pro.

CEO of Oasis Pro, Pat LaVecchia, expressed his excitement about the collaboration, envisioning a valuable opportunity for investors to participate in the Avalanche ecosystem through the R&S Avalanche Infrastructure Fund.

Simultaneously, Ripple has introduced the XRPL Japan and Korea Fund to drive innovation on the XRP Ledger in Japan and South Korea. This initiative underscores Ripple's commitment to advancing its crypto payment solutions in the Asia-Pacific region, recognizing Japan and Korea as pivotal centers for blockchain innovation.

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