Welcome to this week’s AVA and crypto market update! This update covers news from 18 July-24 July 2025.
Crypto Market Update
The top stories from the broader market:
🏦 PNC Bank Partners with Coinbase: PNC Bank, one of the leading US banks, announced they will “develop an initial offering that will allow clients to buy, hold and sell cryptocurrencies” in partnership with Coinbase. PNC Bank will also provide its banking services to Coinbase, ensuring seamless on-ramp and off-ramp access for Coinbase clients.
💵 JPMorgan Chase Exploring Crypto-secured Loans: JPMorgan Chase customers may be able to borrow against their crypto holdings and crypto ETFs as early as next year, according to the Financial Times. The product would require regulatory approval. Full details of the product have not yet been released.
✍️ BitGo Files for US IPO: BitGo, one of the largest crypto custody providers, is the latest crypto company to file for an IPO in the US. In 2023, the company raised $100 million at a $1.75 billion valuation.
AVA Updates
In this week’s round-up of AVA news:
🤝 NEW Contributor: We welcomed Chester Szeen as the new Lead Growth Contributor at the AVA Foundation! Read more
🎁 Claim Bonuses Next Week: The Claim Period for the AVA Smart Bonus & Ambassador Bonus will open on 29 July and run for 2 weeks until 12 August.
🏝 Travel Drop: We’re sending a lucky Diamond member on a 5-night luxury trip to the Fairmont Chateau Lake Louise in Canada! The prize will be drawn on 13 August. See package
💵 Binance Earn: Enjoy up to 6% APR with AVA Flexible Products on Binance Earn. More info
Weekly AVA Metrics
Below are the key $AVA metrics from the last 7 days:
💼 Total AVA holders (Travala + on-chain): 41,402 (+0.27%)
🤝 Total AVA Smart Program members: 72,843 (+1.68%)
🔒 Total AVA locked in the AVA Smart Program: 9,510,300 (-0.04%)
💰 AVA givebacks last 7 days: 38,014 AVA worth $24,771 (+25.95%)
🛍 Total saved via Smart discounts last 7 days: $5,222 (-34.28%)
✈️ Number of room nights & flights booked with AVA last 7 days: 201 (-0.98%)
💱 Dollar (USD) value of AVA travel bookings last 7 days: $75,955 (-1.17%)
Tune in next week for the latest news!
AVA Foundation
The information provided in this article is for general informational purposes only and is not intended to be, nor should it be construed as, financial, investment, trading, legal, or tax advice. Nothing contained herein constitutes an offer to buy, sell, or hold any cryptocurrency or asset, nor does it recommend any specific investment strategy or financial instrument.
