Avalon Labs is exploring the launch of the first Bitcoin-backed public debt fund under the regulatory framework of the U.S. Securities and Exchange Commission (SEC). This initiative aims to enhance the accessibility and compliance of Bitcoin financial products. Avalon Finance, the company behind this project, has already established itself as a key player in the decentralized finance (DeFi) space by integrating Bitcoin and stablecoins, creating the largest Bitcoin-backed stablecoin protocol. The proposed fund is expected to bring Bitcoin deeper into traditional finance, leveraging the experience of one of its co-founders who previously launched a USD Debt ETF approved by the SEC in 2021. Additionally, Avalon Finance's $AVL token is now live, supporting a stablecoin ecosystem that offers a fixed 8% borrow rate and up to 50% annual percentage yield (APY) through protocol revenue.