Avalon Labs has announced its membership in the Bitcoin for Corporations (BFC) organization initiated by MicroStrategy and Bitcoin Magazine.

BlockBeats News, July 17th. According to an official announcement from Avalon Labs, it has officially joined the Bitcoin Enterprise Alliance BFC (Bitcoin for Corporations) founded by the U.S. publicly traded company MicroStrategy and Bitcoin Magazine, becoming an Executive Member of the organization. The organization is dedicated to promoting the strategic application of Bitcoin in global enterprises, helping companies build Bitcoin treasuries, develop Bitcoin strategies, and provide education and resource support for senior executives.

As a pioneer in Bitcoin corporate adoption, BFC currently has more than twenty member companies including MicroStrategy. Joining BFC will further strengthen Avalon Labs' leading position in the Bitcoin financial infrastructure field and provide support and a bridge to drive more corporate institutions to embrace Bitcoin.