Avalon Labs releases AI RWA market whitepaper and launches RWA compliance on-chain standard
Foresight News reported that Avalon Labs has announced the release of a whitepaper for its on-chain AI model and computing power rental marketplace, and introduced the concept of AI-Model-as-a-Service (AI-MaaS) software service. This product will debut on BNB Chain. The team revealed that the first AI model to go live will be jointly launched by Avalon Labs and its AI partners. It is a reinforcement learning model built on Nvidia H200 GPUs and is independently owned by the Avalon Labs team. Meanwhile, Avalon Labs has launched an RWA-compliant on-chain framework—Commercial Rights Tokenization (CRT). Tokens issued under this standard have legal validity and can grant holders legitimate rights to related commercial assets or services.
Avalon Labs has received investment support from institutions such as YZi Labs and Framework Ventures, and previously focused primarily on Bitcoin on-chain financial services.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analyst Gu Jingci: Follow the trend and adapt flexibly

XRP Ledger adds account control feature, enabling enterprises to manage assets offline.

BUZZ - Goldman Sachs says the price cap on cancer drugs has limited impact on Indian hospitals
October 9 – Goldman Sachs pointed out that India's implementation of a 30% profit margin cap on non-scheduled anticancer drugs (link) will have limited impact on hospitals. The report states that, based on preliminary discussions with hospital chain groups, such drugs account for less than 5% of hospital revenue and 2% to 2.5% of operating profit. The report adds that hospitals can offset the losses by slightly adjusting service charges, such as administration fees. According to a government notice, an expert committee will finalize the list of drugs to be brought under regulation. Driven by the anticipated price cap, the share prices of Max Healthcare MAXE.NS, Apollo Hospitals APLH.NS, and Fortis Healthcare FOHE.NS rose by 1.6% to 2.5%. Previously, since September 30, these stocks had collectively declined by 11% to 11.5%. Year-to-date, FOHE and MAXE are down 11.7% and 14.8%, respectively, while APLH has risen by 11%. (To assist non-English speakers, Reuters provides automated translations of its reports into several other languages. Due to potential errors or missing context in automated translations, Reuters does not guarantee the accuracy of automatic translation texts and offers them solely for readers’ convenience. Reuters accepts no responsibility for any damage or loss caused by using these automated translation features.)

Adding insult to injury! Japanese electronics giant Nidec downgraded by UBS, stock price plunges over 9% and approaches an 11-month low
UBS has downgraded Nidec's rating from "Buy" to "Neutral" and lowered its target price from 2,800 yen to 2,400 yen, citing a more challenging market environment.
