Inversion Launches Avalanche L1 Blockchain To Drive Business Adoption
Inversion Capital, led by angel investor Santiago Roel Santos, is launching a custom Layer 1 blockchain on Avalanche to bring businesses onchain.
Inversion will use the new blockchain to execute a private equity strategy — acquiring traditional businesses and integrating them with blockchain technology. This is comparable to private equity firm KKR’s financial engineering approach — but with crypto engineering.
Inversion’s approach to crypto adoption differs from traditional methods. Instead of convincing businesses to adopt blockchain, Inversion will buy companies and integrate blockchain into their operations, according to a note shared with crypto.news
The company plans to use blockchain to reduce costs, improve margins, and provide services like stablecoin payments through essential services such as mobile and banking.
The goal is to demonstrate that blockchain can enhance business operations beyond speculation.
The Avalanche (AVAX) blockchain was chosen for its flexibility and ability to customize features such as transaction permissions and privacy settings.
Avalanche is compatible with Ethereum-based applications, making it easier to attract developers and integrate existing systems. Additionally, Avalanche’s recent upgrade simplifies the process of launching custom Layer 1 blockchains.
Inversion aims to use blockchain to transform business operations, demonstrating that crypto can serve as infrastructure rather than just an investment. The project marks a shift toward embedding blockchain technology into real-world industries.
Crypto Firms Push Into US Banking
America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more
Ether Surges 16% Amid Speculation Of US ETF Approval
New York, USA – Ether, the second-largest cryptocurrency by market capitalization, experienced a significant surge of ... Read more
BlackRock And The Institutional Embrace Of Bitcoin
BlackRock’s strategic shift towards becoming the world’s largest Bitcoin fund marks a pivotal moment in the financia... Read more
Robinhood Faces Regulatory Scrutiny: SEC Threatens Lawsuit Over Crypto Business
Robinhood, the prominent retail brokerage platform, finds itself in the regulatory spotlight as the Securities and Excha... Read more
Analyst: Bitcoin Price Rejects Key Resistance But Uptrend View Remains Intact
Bitcoin’s price in its early-December drop reflects algorithmic flows, thin liquidity, and a resistance retest, with v... Read more
Ripple Secures Expanded Payment License From The Monetary Authority Of Singapore
Ripple Labs has secured an expanded license from Singapore’s central bank, adding to its already strong regulatory foo... Read more