Ava Labs is a protocol foundation firm based in New York, New York that ava labs is the company behind avalanche, a layer 1 blockchain network whose native token is avax. founded in 2018 by emin gun sirer and kevin sekniqi and based in new york, it uses a subnet architecture that lets institutions deploy custom chains. its evergreen subnets are a product line for financial institutions, offering permissioned chains that interoperate through avalanche warp messaging. avalanche hosts tokenized real-world assets from issuers including securitize, ondo finance and backed. They serve clients in United States, Global. Ava Labs is listed on The Token Playbook's vetted provider registry at thetokenplaybook.com/registry/ava-labs.