HTX Ventures announces investment in Avail to support critical infrastructure development
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HTX Ventures announces investment in Avail to support critical infrastructure development
HTX Ventures is pleased to have participated in the recently announced $43 million Series A funding round, joining Founders Fund and Dragonfly in supporting Avail on this journey.
Navigating Web3 tides with focused insights
Recently, HTX Ventures, the global investment arm of cryptocurrency exchange HTX, announced a strategic investment in Avail, a modular blockchain solution designed to unify Web3 and optimize data availability (DA), enabling scalable and customizable applications.
Avail DA provides developers with decentralized infrastructure to rapidly build and scale modern blockchain applications. By allowing rollups to inherit underlying security and extend re-staking to include multiple assets such as BTC and ETH, Avail aims to deliver robust security for thousands of rollups built on its network.
A managing partner at HTX Ventures shared insights on the investment: “The Avail team possesses exceptional technical expertise, and Avail DA is one of the fastest and most cost-effective data availability solutions in the market today. By combining their data availability layer with cross-chain interoperability and strong security provided by Avail Nexus and Avail Fusion, Avail is building a unification layer for Web3. HTX Ventures is proud to have participated in the recently announced $43 million Series A funding round, supporting Avail’s journey alongside Founders Fund and Dragonfly.”
Anurag Arjun, co-founder of Avail, said: “This Series A funding marks a pivotal moment for Avail as we advance our mission to build an open, permissionless unification layer for Web3. With this new capital, we will accelerate development, expand our global footprint, and continue addressing key challenges facing Web3—including blockchain fragmentation, insufficient data availability, and limited scalability. Additionally, it will help us forge strategic partnerships across the broader Web3 ecosystem, which are critical to Avail’s success.”
Avail has achieved significant milestones on its incentivized testnet “Clash of Nodes,” creating nearly 110,000 accounts and processing 116 million transactions—impressive results ahead of its upcoming mainnet launch. HTX Ventures is excited to support innovative projects like Avail that are building solid infrastructure for a user-friendly, decentralized future.
About Avail:
Led by Anurag Arjun, former co-founder of Polygon, Avail is building a unification layer to solve rollup fragmentation at scale. Avail fundamentally addresses blockchain scalability through its data availability layer, Avail DA, which implements technologies from Ethereum’s future “Danksharding” roadmap, including KZG commitments and Data Availability Sampling (DAS). Avail Nexus leverages proof aggregation on top of Avail’s scalable DA layer to tackle growing fragmentation with permissionless interoperability. Avail further strengthens security via multi-asset staking through Avail Fusion. Visit availproject.org to begin your unification journey.
About HTX Ventures:
HTX Ventures is the global investment arm of HTX, integrating investment, incubation, and research to identify the world’s most outstanding and promising teams. As an industry pioneer with over a decade of deep experience in blockchain, HTX Ventures drives innovation in cutting-edge technologies and emerging business models, offering comprehensive support—including fundraising, resources, and strategic advisory—to portfolio projects in building a sustainable blockchain ecosystem.
To date, HTX Ventures has backed more than 300 projects across multiple blockchain sectors, with several high-potential projects already listed on HTX. HTX Ventures is also one of the most active fund-of-funds (FOF) investors, partnering with leading global blockchain funds such as Dragonfly, Bankless Ventures, Gitcoin, Figment, and Animoca to collectively grow the blockchain ecosystem.
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