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Alibaba Cloud Announces Entry into Metaverse on Avalanche with Cloudverse

Alibaba Cloud recently announced its entry into the metaverse through its collaboration with Avalanche. With Cloudverse, Alibaba Cloud's millions of clients can easily deploy custom metaverses and unlock new dimensions for consumers. This service provides businesses with an easy, white-glove, and cost-effective way to expand their brands into the Web3 virtual world. The process of creating a custom Cloudverse on Avalanche is simplified and supported with the help of architect and middleware provider MUA DAO. This launch represents the next step in the ongoing relationship between Avalanche and Alibaba. More information about this announcement can be found in the official tweet here and the detailed blog post here.

MELD Subnet Launches to Bridge Gap Between Crypto and Traditional Finance

Today, the MELD Subnet has launched to help users manage both digital and fiat assets in one unified interface, bridging the gap between crypto and traditional finance systems. MELD chose to launch on a Subnet for more control over their security infrastructure, customization flexibility, and increased scalability and performance. Along with the Subnet deployment, MELD has also launched the MELDapp, a non-custodial, multichain wallet that aims to give users a tailored experience through the MELD UI. More information about MELD's Subnet launch and the MELDapp can be found in the official blog post here.

Avalanche Summit Livestream Available for Those Unable to Attend

If you can't make it to the Avalanche Summit this week in Barcelona, don't worry – you can catch all the great speakers, panels, and workshops on the Summit livestream. The livestream registration, full 3-day agenda, and the stream for any one of the five stages can all be found at this link: https://linktr.ee/summitlivestream. Enjoy the Avalanche Summit from the comfort of your own home and stay informed about the latest developments in Avalanche's ecosystem.

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