Avalanche

EVEN, the direct-to-fan music platform running on its own Avalanche L1, has introduced EVEN Studio — a single destination where artists release music, sell merch, and connect directly with fans. The launch bundles release, sales, and community tools into one hub, extending EVEN's model of artists dropping music straight to fans rather than through streaming platforms first. The platform, used by artists including J. Cole, 6LACK, Smino, and LaRussell, announced the studio via its X account and was amplified by Avalanche.

Rain is building the onchain loyalty program for Insomniac, the promoter behind EDC that hosts 450+ events and 30+ festivals a year for 7 million fans, in partnership with Avalanche. The rollout is centered on a single onchain wallet, tying fans' event experiences and rewards together.

• The announcement, shared breaking on Avalanche's X account, positions the entertainment world as running on Avalanche's network.
• Rain's payments infrastructure powers the loyalty rollout for the Live Nation-owned festival promoter, extending Avalanche's consumer and fan-loyalty push.

Avalanche's Audit Marketplace is live on the Builder Hub, letting developers reach all Ava Labs-vetted audit firms with a single request. One submission generates quotes from every whitelisted firm, streamlining security reviews for teams building on the network. The Builder Hub (build.avax.network) also hosts docs, academy courses, and the integrations directory for the Avalanche ecosystem.

Goldman Sachs is making its flagship Treasury fund, FTIXX (roughly $100B in assets), available to institutional crypto firms through Lynq, the private, permissioned Avalanche L1 used by 30+ digital-asset firms including B2C2, Wintermute, Galaxy, FalconX, and Crypto.com. Trades are handled by SEC-registered broker-dealer tZERO Securities, marking FTIXX the first outside fund offered on Lynq. The fund itself is not tokenized — Lynq acts as new distribution plumbing for the existing money-market fund, reusing infrastructure rather than changing the product.

• Lynq CEO Jerald David explained the choice, saying Avalanche's multi-chain L1 system — with privacy, speed, customization, and self-sovereignty — is the only place where something like this can exist.
• Lynq modified its technology, restricted access to U.S. clients, and integrated with Mosaic for the listing; clients need a tZERO relationship and must pass onboarding and eligibility checks.
• Lynq reports $89M+ in assets and 30+ firms onboarded; CoinDesk detailed the move in a feature, following Tassat's migration of Lynq's institutional settlement to the L1.

Hyundai is expanding its onchain payments work with Avalanche, with a cross-border transfer demoed at Avalanche Summit NYC moving USD from the US to Mexico in under 7 minutes. Hyundai's Justin Kim broke down the transfer in a session covered by CoinDesk, following Hyundai Card's stablecoin pilot on the network that cut transfer times by over 96%.

• Hyundai is studying how near-instant settlement — even after banking hours — can reduce idle liquidity and make working capital go further.
• At a live event, Heejung Nam, Head of Payments & BD, said the economics only hold once the operating model is proven at scale: "We have to prove the entire operation model works at scale. What happens if we can scale up? Then the economic model works."

Avalanche's Helicon network upgrade is now live on mainnet, activated via AvalancheGo v1.15.0 at 11 AM ET on September 22 after validators and node operators upgraded clients ahead of activation. The upgrade bundles six Avalanche Community Proposals (ACPs) into one release, delivering Continuous Execution for a faster C-Chain, auto-renewing staking, and 48-hour minimum staking periods in place of 14-day lockups, alongside a higher validator uptime requirement.

• With Helicon live, validators can now vote to raise or lower the minimum gas fee dynamically — @frostLedger highlighted the new fee-voting mechanism and called the impact of the six ACPs on mainnet "the real story."
• Avalanche's John Nahas said the staking changes remove a "huge barrier" for regulated institutions, opening the network to institutional validators who previously couldn't commit capital for weeks at a time.
• A recalibrated reward curve (ACP-285, phased in over 90 days) is designed to reduce AVAX issuance by an estimated 0.5–1 percentage point.
• Helicon is the latest major version of the Avalanche mainnet node client following the testnet rollout earlier in the year.

Avalanche confirmed on its X account that six Division I college athletics programs are using its technology for fan engagement and loyalty. Michigan, Nevada, Baylor, and Memphis joined Penn State and LSU in tapping Uptop on Avalanche to strengthen the connection between their athletic departments and fans.

• The lineup extends Uptop's fan-rewards model across major D1 programs as part of Avalanche's consumer-facing push, following a run of recent launches including Wolf Pack, Wolverines, Baylor, and GoTigersGo rewards.

The Arena, Avalanche's social trading app, is partnering with Pharaoh Exchange to release tradable real-world assets (RWAs) on @avax, ahead of The Arena's rollout of tradable RWAs on the network. The announcement, shared via Avalanche's X account, pairs the social-trading platform with the native decentralized exchange to bring tokenized real-world assets to users onchain.

Tassat published details on Lynq's migration of institutional settlement to a permissioned Avalanche L1, shared via Avalanche's X account. Tassat led the migration in under two hours with zero disruption, and Lynq reported ~65% faster processing, deterministic sub-second finality, and verifiable onchain validator governance.

New York Life Investment Management (NYLIM), an asset manager with roughly $807B in assets, is bringing its first tokenized fund to Avalanche through tokenization platform Centrifuge. Via the HYB token, NYLIM's U.S. High Yield Corporate Bond Strategy is moving onchain, giving eligible investors access to institutional-grade credit directly on the network.

Cointelegraph amplified the news as a major institutional step for tokenized credit on Avalanche, and the Avalanche team again spotlighted the launch in a recap of its Summit NYC week announcements, leading with NYLIM's move among an outsized batch of onchain finance news from the event.