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International Business Times
International Business Times
Business
Marvie Basilan

Alvara Protocol Testnet Goes Live, Marking Giant Step Toward Democratizing Fund Management

Alvara Protocol's testnet is live! (Credit: Alvara Protocol Twitter)

KEY POINTS

  • Users can now explore the Alvara Protocol and provide feedback to help shape the platform's future
  • Alvara is on a mission to build a financial system that 'truly belongs to the people': Alvara co-founder
  • The Alvara BTS will 'revolutionize' crypto investment: Alpha Transform Holdings head of Europe operations

The world of asset management has just made a giant leap toward democratization as decentralized platform Alvara Protocol, which utilizes the ERC-7621 (Basket Token Standard), officially launched its testnet Thursday.

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