Alibaba Cloud, a subsidiary of the prominent Chinese e-commerce company Alibaba, has teamed up with Avalanche to build a launchpad that allows businesses to deploy metaverses on the blockchain.
Source : [Alibaba and Avalanche team up to build metaverse launchpad on blockchain](crypto.news/alibaba-and-avalanche-team-up-to-build-metaverse-launchpad-on-blockchain/) by Rony Roy - crypto.news by Rony Roy / May 08, 2023
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(1) The savings vaults offered by Vancelian are not regulated savings accounts as understood in traditional finance. They are based on digital assets and are subject to a specific regulatory framework, distinct from traditional banking products.
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(3) Average annualized rate calculated on all interest paid to Vancelian clients between April and June 2025, across all savings and investment solutions available during the period. This rate is provided for informational purposes only and does not constitute a promise or guarantee of future returns.
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(7) Variable rate: the displayed interest rate may fluctuate, increasing or decreasing, depending on the performance of the underlying assets to which the Vault is exposed. This rate is provided for informational purposes only and is not guaranteed.
* Indicative comparison with the average yield of traditional bank deposits. Vancelian Business solutions do not constitute a bank deposit product and do not benefit from any capital guarantee. Variable yield, subject to upward or downward changes.
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