Ava Labs President Discusses Institutional Shift to On-Chain Finance
At the Avalanche Summit, Ava Labs President Charley Cooper discussed the company's "online to on-chain" thesis, emphasizing that financial institutions are adopting blockchain to revolutionize trade lifecycles and unlock assets from legacy systems. Cooper noted that major firms such as KKR, BlackRock (BlackRock), and Apollo are already building on-chain solutions, suggesting that institutional adoption is progressing independently of the failed CLARITY Act.
Summaries are written by AI from the original article. Not investment advice.