The real-world asset tokenization platform Lumia has announced the integration of Avail into its infrastructure, which is set to enhance liquidity and interoperability.
Integration of Avail into Lumia
The Lumia platform is integrating the Avail Stack infrastructure into its real-world asset (RWA) chain to unlock more liquidity and improve interconnectedness. This collaboration marks a shift from traditional siloed blockchains to a more modular and interoperable infrastructure.
Benefits of Avail Stack
The Avail Stack is a comprehensive blockchain solution aimed at addressing scalability, interoperability, and liquidity challenges. It includes three core components: data availability, cross-chain interaction, and the Avail security mechanism. Notably, the Avail Nexus provides multichain messaging and secure asset movement.
Founders' Opinions
Co-founder and CEO of Lumia.org, Kal Ali, noted that the use of blockchain technology in mainstream society continues to grow. He stated that multiple sources indicate a growth of over 60% in terms of Compound Annual Growth Rate. 'This means more people are becoming crypto-literate. The demand for RWA tokenization is higher than ever,' said Ali. Echoing Ali's sentiments, Avail co-founder Anurag Arjun stated that the potential of tokenization will be fully realized once assets can be liquefied, programmable, and globally verifiable on a data level.
The integration of Avail into the Lumia platform opens new horizons for real-world asset tokenization, highlighting the increasing interest in blockchain technology and interconnected infrastructure solutions.
