Nasdaq has submitted an application to list an exchange-traded fund (ETF) that will track the performance of Avalanche, a blockchain platform. This move reflects the growing interest in cryptocurrency and blockchain technology within traditional financial markets. If approved, the ETF could provide investors with a new way to gain exposure to the Avalanche ecosystem.
FIFA has partnered with Avalanche to create a custom blockchain compatible with the Ethereum Virtual Machine, migrating its FIFA Collect NFT collection from Algorand and Polygon. This move aims to enhance speed, scalability, and security for FIFA's digital collectibles.