Here’s your monthly report covering updates and news from the Avalanche ecosystem.

Have feedback or want to learn more? Please contact brian.leiberman@avalabs.org.

October Spotlight

Avalanche Brings Wall Street Onchain with Dinari S&P Digital Markets 50 and Two Digital Asset Treasuries

Dinari, a leading provider of tokenized U.S. public securities, has licensed the new S&P Digital Markets 50 Index. The tokenized index is designed to track a wide range of companies and digital assets connected to the crypto ecosystem, combining cryptocurrencies and publicly traded crypto-linked equities into one index.

Also announced in October, two new digital asset treasuries launched to expand institutional access to Avalanche: AVAX One and AVAT (Avalanche Treasury Co.). Both aim to bring large-scale, publicly traded capital into the Avalanche ecosystem by providing exposure to AVAX and investing in projects that grow on-chain finance. Together, they mark a major step toward connecting traditional markets with blockchain-based assets and activity on Avalanche.

Network Highlights

RWA TVL Surges on Avalanche

The RWA market on Avalanche continues to accelerate, with TVL rising 68% in just one month to $1.24B. The growth comes from a combination unique to Avalanche, bringing together institutional-scale tokenization projects and Avalanche’s compliant and customizable infrastructure, making it a go-to choice for a wide variety of traditional assets. The month was capped off by BlackRock moving $500M+ of its BUIDL fund to Avalanche.

Source as of 11/01/25: RWA.xyz

All Time High for Monthly Active Addresses across L1s

The Avalanche network recorded a new monthly active-address high in October, reflecting markedly elevated user engagement onchain.

Explore more Avalanche network stats here

What's Hot

Japan's $2T Payment Provider TIS Deploys Multi-Token Platform with AvaCloud

TIS, which processes approximately 50% of Japan's credit card payments, utilized AvaCloud to launch its dedicated Layer 1 blockchain on Avalanche. This initiative aims to convert its existing systems into secure, permissioned networks, fulfilling Japan's stringent financial-grade demands for privacy, governance, and uptime.

Learn more here.

Tixbase Brings Secure, Digital-First Ticketing to Copa América de Béisbol 2025

Copa América de Béisbol organizers have tapped Tixbase, a next-generation ticketing platform built on Avalanche, as the exclusive ticketing partner for Group B and the tournament’s final rounds. By building their own Avalanche L1, Tixbase is setting a precedent for how sports and entertainment can move beyond legacy ticketing systems.

Learn more here.

Hang Launches Avalanche L1 To Reimagine the Future of Customer Loyalty

Hang, a dedicated Avalanche L1, is building a new foundation for customer engagement, unifying data, AI personalization, and onchain transparency to help brands earn lasting consumer loyalty.

Learn more here.

Lombard Finance announces the expansion of BTC.b

Ava Labs is partnering with Lombard Finance to transition BTC.b’s infrastructure and operations. This will help unlock cross-chain access, deepen institutional adoption, and deliver long-term scale while keeping BTC.b familiar for users.

Learn more here.

The Defiant’s new Ecosystems Podcast with Avalanche

Camila Russo and guest Luigi D’Onorio DeMeo of Ava Labs cohosted the first episode of Defiant’s new Ecosystems Podcast, where they discuss how Avalanche solves the blockchain trilemma with sub‑second finality, a large decentralized validator set, and thousands of sovereign L1s connected through native messaging for shared liquidity.

The episode goes deep into Avalanche consensus with Avalanche Founder Emin Gün Sirer, how the network scales with AvaCloud CEO Nick Mussallem, and the benefits of Avalanche’s infrastructure with Hilmar Orth from Gelato Network.

Watch the first episode and stay tuned for the rest of the series.

PLATFORM & ENGINEERING UPDATES

Avalanche Granite: Enhancing Interchain Messaging, Unlocking Biometric Use Cases, and Enabling Dynamic Block Times

Avalanche Granite is now live on Fuji Testnet! Following successful activation and testing on the Avalanche Fuji Testnet, an Avalanche Mainnet release will be published, with a set future activation time.

The Granite upgrade is driven by three Avalanche Community Proposals that significantly enhance the network's capabilities:

• ACP-181: P-Chain Epoched Views
• ACP-204: Precompile for secp256r1 Curve Support
• ACP-226: Dynamic Minimum Block Times

Read the full release here.

Avalanche in the Press

Coindesk

Japan's $2T Payment Provider TIS Rolls Out Multi-Token Platform With Avalanche →

The Street

How Avalanche layer 1s are bringing Wall Street on-chain →

Decrypt

Avalanche Treasury Co. strikes $675 million merger deal to form AVAX DAT →

The Block

Japan's JPYC launches country's first yen-denominated stablecoin →

Yahoo Finance

CruTrade Launches Wine NFT Marketplace on Avalanche to Reward Producers →

Avalanche Podcasts & Broadcasts

• Why Avalanche Wins: Emin Gün Sirer, Bart Smith (AVAT) and Haseeb Qureshi (Dragonfly) at TOKEN2049 Singapore →

• Luigi D'Onorio DeMeo on the value accrual of tokenization, live at Hedgeye Investing Summit →

• Morgan Krupetsky talks market structure, stablecoins and institutions adopting onchain financial rails →