Search results for "CLY"
2026-02-27
02:22

Colony will cease operations at the end of the first quarter of 2026.

Foresight News Report: The Avalanche community-driven accelerator platform Colony will cease operations at the end of the first quarter of 2026. The official statement clarified that the shutdown is not due to a lack of creativity from the team or poor fund management, but rather because, after operating within the ecosystem for 5 years, they no longer believe that Avalanche has the structural conditions necessary for sustainable growth. Additionally, community funds are still available, and the final distribution will be made to CLY stakers.
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