3thix Launches Avalanche L1 for Decentralized Ad-Tech in Gaming

Team1 has announced a new **Builder Grants program** offering funding for developers building on their platform. **Key Details:** - Grants of up to **$30,000 per project** - Accelerator grants include a **voting committee** of community contributors - Open to builders looking for additional support The program aims to support innovative projects within the ecosystem. Community members will have a direct role in the grant approval process through the voting committee structure. Interested builders can apply for funding to accelerate their development efforts.

The **Avalanche Payments Collective** has launched, bringing together 28 organizations that handle payment flows across 150+ countries, 96 currencies, and approximately 22 billion payout endpoints. **Key participants include:** - Financial institutions: Franklin Templeton, VanEck - Infrastructure providers: Anchorage Digital, Paxos, Agora - Payment platforms: Ethena, Rain, Axiym, Tassat The Collective spans the full payments stack: - Stablecoins and settlement - Treasury infrastructure and custody - Foreign exchange and card issuance - Business payments and global payouts Avalanche has quietly built one of the industry's broadest payments ecosystems over recent years. The Collective formalizes this network, addressing the reality that global money movement requires integrated solutions for liquidity, compliance, and local payment networks. More details: [avax.network/payments](http://avax.network/payments)

**Major milestone for real-world assets on blockchain** Securitize has launched the largest tokenized stock on Avalanche, bringing over $700 million worth of tokenized real-world assets (RWAs) to the platform. **Key developments:** - This marks a significant expansion of institutional-grade assets on Avalanche - Avalanche has been building its RWA infrastructure since early stages - The $JAAA fund, managed by Janus Henderson and tokenized via Centrifuge, is currently the largest tokenized fund on Avalanche by assets under management **Why it matters:** The move demonstrates growing institutional adoption of blockchain technology for traditional financial assets. Avalanche's "tokenize once, deploy where the demand is" approach appears to be attracting major players in the tokenization space. Securitize's decision to deploy significant assets on Avalanche validates the network's infrastructure for handling institutional-grade financial products.

Securitize, managing over $4 billion in assets, has become the first publicly traded company to tokenize its own stock on blockchain from day one of going public. **Key Details:** - The tokenization is built on the Avalanche blockchain - Securitize holds regulatory approval in both the US and EU - This marks a significant milestone in bringing traditional securities on-chain The move demonstrates growing institutional adoption of blockchain infrastructure for traditional financial instruments.

The Cleveland Cavaliers have won Loyalty360's Best New Loyalty Program award, competing against major rewards applications across all industries. The **Cavs Rewards program** is built on the Avalanche blockchain in partnership with Uptop. The platform enables fans to earn premium rewards while deepening their connection with the team. **Key Details:** - First major sports franchise to win this industry-wide loyalty award - Built on Avalanche blockchain infrastructure - Developed in collaboration with Uptop - Offers fans rewards for engagement activities The recognition demonstrates growing adoption of blockchain technology in professional sports fan engagement programs.