Kaleido Joins Forces with Avalanche to Accelerate Web3 Adoption for Enterprises and Gaming Companies

In a significant move announced at the Avalanche Summit II, Kaleido will now bring Avalanche’s high-performance web3 solutions to the Blockchain Business Cloud. This integration enables enterprises, gaming companies, institutions, and governments to quickly deploy and develop with Avalanche Network and Avalanche Subnets.

Both Ava Labs and Kaleido share a common vision of providing the necessary tools for enterprises to tokenize real-world assets. Avalanche network, an EVM-compatible layer-1 blockchain, is designed to deliver speed, scale, and low transaction costs. Last year, the team introduced Avalanche Subnets, which allow the creation of custom blockchains optimized for specific use cases. These subnets are interoperable with the broader Avalanche network, offering the benefits of public network development along with the security and customizable permissioning usually found in private blockchain deployments.

Emin Gün Sirer, Director of the Avalanche Foundation, believes that “Subnets will be the next growth engine in crypto, enabling novel functionality only possible with network-level control and open experimentation on a scale we haven’t yet seen.” He also stressed the importance of smart contracts in the blockchain innovation over the past five years and the potential of Subnets to carry on this tradition.

Kaleido makes Avalanche development radically simple for everyone, from web3 startups to the largest enterprises. Customers can now quickly connect to the Avalanche mainnet or deploy multi-region, multi-cloud Avalanche Subnets. The platform offers over 500 APIs and pluggable web3 services for asset tokenization, wallets, key management, storage, and more. All these features are supported by highly performant enterprise-grade infrastructure, empowering organizations to build smarter, faster, and more cost-effective solutions, ultimately achieving better business outcomes and ROI.

Steve Cerveny, CEO of Kaleido, highlights the importance of speed, flexibility, security, and scalability for their customers’ web3 adoption. “Offering click button simple Avalanche Subnets and Avalanche nodes on Kaleido will extend the Avalanche ecosystem to more companies and ultimately accelerate web3 adoption,” he said. To learn more about Avalanche on Kaleido and request a demo, visit

https://www.kaleido.io/avalanche.

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Maria Irene
Maria Irenehttp://ledgerlife.io/
Maria Irene is a multi-faceted journalist with a focus on various domains including Cryptocurrency, NFTs, Real Estate, Energy, and Macroeconomics. With over a year of experience, she has produced an array of video content, news stories, and in-depth analyses. Her journalistic endeavours also involve a detailed exploration of the Australia-India partnership, pinpointing avenues for mutual collaboration. In addition to her work in journalism, Maria crafts easily digestible financial content for a specialised platform, demystifying complex economic theories for the layperson. She holds a strong belief that journalism should go beyond mere reporting; it should instigate meaningful discussions and effect change by spotlighting vital global issues. Committed to enriching public discourse, Maria aims to keep her audience not just well-informed, but also actively engaged across various platforms, encouraging them to partake in crucial global conversations.

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