Avalanche
AVAXLayer 1 · Built in New York, NY · Ava Labs, Inc.
$7.36
0.73% up24h
Under editorial review since 2026-09-14
Principal-contributor status rests on Ava Labs' own statement that it is compensated to support the offshore Avalanche Foundation; Ava Labs' state of incorporation rests on EDGAR registrant data rather than a filed document; founder roles changed (Sekniqi now Senior Advisor, Yin not listed).
Price
Why it’s on the board
Pathway: Foundation with a US principal contributor. Needs Tests 1 and 4, plus 2 or 3.
Test 1 · passes on primary documents
Headquartered in the United States
Ava Labs, Inc. is headquartered in New York, NY.
1 source· 1 primary
- Legal termsavalabs.org/privacy-policy2026-09-14
Test 4 · passes on primary documents
Registered in a US state
Ava Labs, Inc. is registered in DE.
1 source· 1 primary
- Filingdata.sec.gov/submissions/CIK0001789243.json2026-09-14
Test 2 · not met
American founding team
0 of 3 named founders are established US persons holding operational roles today; a majority is required.
Test 3 · passes on primary documents
Primary operations in the United States
Ava Labs, Inc. met with SEC Crypto Task Force staff on April 29, 2025 to discuss regulation of crypto assets.
1 source· 1 primary
- Regulatorsec.gov/files/ctf-memo-sidley-austin-ava-labs-042925.pdf2026-09-14
Legal entities
Ava Labs, Inc.
Delaware · principal contributor · New York, NY
3 sources· 2 primary
- Legal termsavalabs.org/privacy-policy2026-09-14
- Filingdata.sec.gov/submissions/CIK0001789243.json2026-09-14
- Projectavalabs.org/important-notice2026-09-14
Avalanche (BVI), Inc.
British Virgin Islands · foundation
1 source· 1 primary
- Filingsec.gov/Archives/edgar/data/2092446/000110465926078841/tmb-20…2026-09-14
Avalanche Cayman
Cayman Islands · foundation
1 source· 1 primary
- Filingsec.gov/Archives/edgar/data/2092446/000110465926078841/tmb-20…2026-09-14
Founders
Emin Gün Sirer
CEO, Ava Labs · US status not established · operating role today
1 source
- Projectavalabs.org/team2026-09-14
Kevin Sekniqi
Senior Advisor, Ava Labs · US status not established · no operating role today
1 source
- Projectavalabs.org/team2026-09-14
Maofan Yin
US status not established · no operating role today
Regulatory posture
SEC
Ava Labs, through Sidley Austin LLP, requested and held a meeting with the SEC Crypto Task Force on April 29, 2025.
1 source· 1 primary
- Regulatorsec.gov/files/ctf-memo-sidley-austin-ava-labs-042925.pdf2026-09-14
Record history
2026-09-14 · review opened
Review opened to confirm Ava Labs' principal-contributor status for the offshore Avalanche Foundation and its state of incorporation from a filed document.
2026-09-14 · correction
Added the offshore Avalanche Foundation entities (BVI and Cayman) and moved the listing to the foundation carve-out; Sekniqi's role corrected from COO to Senior Advisor and Yin's Chief Protocol Architect title removed; "SEC working groups" replaced with the documented April 2025 SEC Crypto Task Force meeting; unsourced audits and investors removed.
2026-04-29 · listed
Listed in the v0.1 allowlist.
About Avalanche
Avalanche is a Layer 1 network developed by Ava Labs, Inc., which lists its address in New York. The Avalanche Foundation, a British Virgin Islands company and a Cayman Islands exempted company, compensates Ava Labs for supporting its activities.