Wu Shuo learned that YZi Labs announced an investment in Avalon Labs, a Bitcoin on chain capital market project. Avalon provides services including BTC collateralized lending, Bitcoin stablecoin USDa, savings accounts, and credit cards. USDa is the second largest CDP project on the DeFiLlama platform. This project has participated in the MVB incubation program co hosted by BNB Chain, CoinMarketCap, and YZi Labs.