AVATAR, Avalanche Asia Star Fund, an independent venture fund formed by leading Asia VCs, is live with $20M in dedicated funding for developing Avalanche’s ecosystem in Asia. AVATAR intends to invest in DeFi, NFT, industry infrastructure, and ecosystem development projects. The fund’s first batch of strategic joint investment funds includes Asia’s leading crypto funds A&T Capital, OKEx Blockdream Ventures, Blockwater, IOSG, Kernel Ventures, SNZ, SevenX Ventures, Tripara, & NGC Ventures. AVATAR is composed of an experienced team of leaders from Goldman Sachs, JPMorgan Chase, Tsinghua University, Peking University, and Carnegie Mellon.