Ava Protocol has launched its mainnet on Ethernet
Ava Protocol (formerly OAK Network) has launched its mainnet on Ether. The team says this will enable developers to integrate event-driven supertransactions without custom code, simplify complex on-chain operations, provide advanced functionality beyond the Ether VM, and support automated tasks such as payments and dynamic NFT casting. According to previous news, Ava Protocol closed a $10 million seed round of funding from investors including Electric Capital, Taisu Ventures and Polygon founder Sandeep Nailwal.
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Apple plans to raise 7 billions USD to repurchase stocks, returning to the US dollar bond market after a year and a half.
Apple raised approximately $7 billion through this bond issuance, which is divided into seven tranches with maturities ranging from two to ten years. The longest tranche was initially priced at a spread of 80 basis points over US Treasuries. The proceeds from the bonds will be used for general corporate purposes, including stock buybacks, dividend payments, and capital expenditures. Analysts pointed out that shareholder returns are a higher priority than AI capital expenditures in Apple's capital allocation.
