{"id":126010,"date":"2025-03-28T14:16:28","date_gmt":"2025-03-28T14:16:28","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=126010"},"modified":"2025-03-28T14:16:28","modified_gmt":"2025-03-28T14:16:28","slug":"avalanche-gelato-launch-enterprise-sovereign-chains-for-institutions","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=126010","title":{"rendered":"Avalanche, Gelato launch enterprise sovereign chains for institutions"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsBlockchain developer platform Gelato is launching a new blockchain-as-a-service solution on Avalanche to meet the growing demand for sovereign blockchain infrastructure during a crucial \u201ctipping point\u201d for institutional adoption.<br \/>\nGelato, which previously developed blockchain solutions for companies such as Kraken and Animoca Brands, unveiled the new upgrade that aims to let developers deploy fully sovereign chains faster and cheaper with full interoperability via Avalanche InterChain Messaging (ICM).<br \/>\nGelato emphasized that its service is ideal for advanced applications such as financial technology (fintech) requiring identity verification (KYC) and specialized gaming economies, according to a March 28 announcement shared exclusively with Cointelegraph.<br \/>\nThe service lets companies quickly deploy independent (\u201csovereign\u201d) blockchains with fewer costs and faster launch times.<br \/>\nLuis Schliesske, founder of Gelato, said previously launching a blockchain required extensive technical knowledge and significant engineering resources. Gelato\u2019s new product reduces the complexity involved. He told Cointelegraph:<br \/>\n\u201cGelato\u2019s RaaS on Avalanche streamlines everything from deployment and upgrades to real-time monitoring and scaling. It\u2019s a plug-and-play solution that slashes time-to-market and operational burden bringing AWS-level infrastructure to the rollup era.\u201d<br \/>\n\u201cThe future of enterprise blockchain is sovereign, interoperable, and invisible to the end-user,\u201d he added.<br \/>\nRelated: BlackRock Bitcoin ETP \u2018key\u2019 for EU adoption despite low inflow expectations<br \/>\nThe new solution will enable one-click layer-1 (L1) network deployment on Avalanche and leverage key network advancements such as dynamic fees and the removal of the Avalanche (AVAX) token staking requirements.<br \/>\n\u201cAvalanche L1s mark a paradigm shift in blockchain infrastructure, enabling a future where every application can run on its own sovereign chain, optimized for its unique needs,\u201d according to Martin Eckardt, senior director of developer relations at Ava Labs.<br \/>\nTotal value locked, all chains. Source: DefiLlama\u00a0Avalanche is the industry\u2019s 10th largest blockchain network, with over $1.1 billion in total value locked (TVL) across its DeFi applications, DefiLlama data shows.<br \/>\nRelated: Fidelity plans stablecoin launch after SOL ETF \u2018regulatory litmus test\u2019<br \/>\nReliable infrastructure is a \u201cprerequisite\u201d for institutional crypto adoption<br \/>\nThe crypto industry is at the \u201ctipping point\u201d for institutional blockchain adoption, with increasingly more financial institutions looking to adopt the technology.<br \/>\nHowever, financial institutions need more robust infrastructure to have the confidence to adopt blockchain and more crypto offerings, Schliesske said, adding:<br \/>\n\u201cInstitutions will not build on crypto infrastructure that feels experimental or unreliable. [&#8230;] That reliability is a prerequisite for onboarding financial institutions, governments, and large enterprises.\u201d<br \/>\nFox News and eBay are some of the most prominent brands that have launched blockchain-based solutions on Gelato\u2019s development platform.<br \/>\nMagazine: Ex-Alameda hire on \u2018pressure\u2019 to not blow up Backpack exchange: Armani Ferrante, X Hall of Flame<a href=\"https:\/\/cointelegraph.com\/news\/avalanche-gelato-enterprise-sovereign-chains-institutions?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsBlockchain developer platform Gelato is launching a new blockchain-as-a-service solution on Avalanche to meet the growing demand for sovereign blockchain infrastructure during a crucial \u201ctipping point\u201d for institutional&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126010"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126010"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126010\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126010"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}