“As we channel a $10 million investment into the Avalanche ecosystem, we are not only growing Colony Lab, we are fostering the long-term potential of AVAX,” CEO Elie Le Rest said in a message to CoinDesk. “Avalanche understands that blockchain’s true growth comes from expanding its use cases, and its technology reflects this vision by creating a more inclusive and customizable blockchain landscape. We are delighted to align with Avalanche’s vision and are fully dedicated to share the rewards of our strategic move with our community.”