We’re excited to announce that Penomo has been selected to join Codebase by Avalanche, the flagship builder program of Ava Labs. This recognition represents a major milestone in our mission to transform AI & energy infrastructure into investable, on-chain real-world assets (RWAs). From hundreds of applicants globally, only three startups were chosen for this cohort - and we’re proud to be one of them.

As tokenization gains traction in traditionally illiquid markets, highlighted by JP Morgan’s recent tokenized private equity fund, Penomo is now backed by one of the most trusted institutional ecosystems in on-chain finance.

Built by a team with roots in traditional finance, Ava Labs brings institutional-grade infrastructure, governance and credibility into the world of web3. The Avalanche ecosystem is already used and trusted by blue-chip financial firms like  Franklin Templeton, JPMorgan, Fidelity, Apollo, and more.

The selection of Penomo into Codebase means that we now stand alongside some of the most credible institutional networks on-chain, and gain direct access to their infrastructure, partnerships, and capital flows.

Avalanche’s growing strength

Avalanche’s real-world asset (RWA) ecosystem is expanding rapidly, with over $1.2 billion in RWA value now on-chain, up 66% in just the last month. This massive growth highlights the network’s accelerating momentum and positions Avalanche as one of the leading ecosystems for institutional-grade RWA innovation.

What the program offers

Codebase by Avalanche is built to accelerate startups that are doing more than talk. Key features include:

• A $50,000 reward to accelerate our native RWA integration on Avalanche.

• A highly selective cohort (just a few teams worldwide) supported with active hands-on mentorship from Ava Labs engineers, Tier-1 VCs, and RWA partners.

• A focused 3-month program that drives execution, helping us plug into ecosystem partners, liquidity and infrastructure.

For Penomo, this means embedding our roadmap into one of the strongest web3 ecosystems around, with access to liquidity, builders and enterprise grade infrastructure.

The program kicked off in Mexico City, where our CTO Sascha pitched Penomo and aligned goals with the Ava Labs team - a productive launch to three months of focused execution.

“The kickoff event in Mexico was an incredibly valuable experience for us,” said Sascha. “It gave us the opportunity to refine our pitch, validate our roadmap, and immerse ourselves in the Avalanche ecosystem firsthand. We believe Avalanche is …the best [ecosystem] for real-world asset tokenisation thanks to its institutional focus and strong network of trusted partners. Being part of this cohort allows us to plug directly into that ecosystem. Both in terms of technology and through shared momentum with serious institutional builders. On top of that, the event itself was very social, intimate and inspiring. Big thanks to Michael and the whole Ava Labs team.”

Michael Martin, the Director of Codebase, said, “The thing that stood out to our team about Penomo is their focus on a niche with heavy tailwinds within the broader RWA space alongside the strength and founder-market fit of the team members themselves. The current explosive demand for energy infrastructure is not slowing down yet, mid-market projects, the missing backbone of the global energy retrofit, are undercapitalized primarily due to capital partners inability to evaluate risk — and follow their fund mandates — when investing in this stage. Penomo’s solution solves a very acute problem and opens up opportunities for both project builders and institutional investors to transform global energy infrastructure for the 21st century.”

What Penomo is building

A platform that transforms energy infrastructure and other distributed assets, into tokenized, tradable real-world assets (RWAs). We’re unlocking stablecoin liquidity for infrastructure project owners, enabling transparent participation for mid-market private allocators, and creating new monetisation models within the energy transition.

In markets where capital for clean-energy infrastructure is often hard to access, Penomo bridges the gap: real assets → on-chain representation → investable, liquid opportunities.

Why this moment matters

The RWA market is moving from piloting to scale, and Avalanche is at its center. With institutions tokenizing assets such as money-market funds and private credit on Avalanche, the network is proving it can support large-scale, regulated financial products and not just speculative applications.

Penomo’s selection is therefore a strong signal: together we are aligned for long-term impact and institutional relevance.

About Us

Penomo is a digital asset infrastructure platform specializing in tokenized energy and AI infrastructure financing.* Through tokenization technology, Penomo is streamlining financing processes, enhancing liquidity, and enabling efficient financing for the global energy transition and AI expansion.

The time to lead is now!

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