Avalanche (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. in 2025 the avalanche foundation and rain launched the avalanche card, a visa crypto debit card available first across latin america and the caribbean. They serve clients in United States, Latin America. Avalanche (Ava Labs) is listed on The Token Playbook's vetted provider registry at thetokenplaybook.com/registry/avalanche.