European Asset Manager Might Create a Real Estate Fund Using Dr. Emin Gün Sirer’s Breakthrough Avalanche Protocol  Crowdfund Insider. : John Wu, the president at Ava Labs, a company that aims to create the next generation of decentralized finance (DeFi) applications, notes that his organization is working with a large European digital asset manager. Wu, who was joined by Dr. Emin Gün Sirer, who is leading the Avalanche protocol project, during a recent webinar, added: “[One of our European business partners] are creating a real estate fund and they want to launch that real estate fund potentially on the Avalanche protocol.