Taiko partners with Avalon Labs to build institutional RWA infrastructure

Ethereum Layer 2 project Taiko has announced a partnership with Avalon Labs, a Bitcoin on-chain financial services platform. Under the agreement, the two companies will deploy real-world asset (RWA) infrastructure for institutional investors on the Taiko network. Avalon Labs plans to build out features on Taiko including lending contracts, institutional-grade oracle data integration, and stablecoin issuance capabilities. Taiko stated that its strengths include an Ethereum-based rollup structure, an architecture that eliminates centralized sequencer risk, and transaction finality of under two seconds. The project added that it provides on-chain infrastructure that allows institutions to meet requirements for both regulatory reliability and decentralization.