The Avalanche ecosystem has launched ‘Blizzard’, AVAX-focused venture capital and incubation fund. Blizzard will start an initial seed investment of $200 million, including participation from the Avalanche Foundation, Ava Labs, Polychain Capital, Three Arrows Capital, Dragonfly Capital, and CMS Holdings. Around $230 million funds will be provided to liquidity and a $180 million liquidity mining incentive fund for Avalanche Rush.