Lumia Partners with Avail to Boost Asset Issuance
Lumia has teamed up with Avail to enhance their platform for tokenized real-world assets. The new Lumia Hub allows users to issue assets with advanced functionalities.
Anurag Arjun and Dnz Dlklc highlighted the integration at a joint event. Avail’s infrastructure aims to expand Lumia’s vision of scalable and interoperable RWA liquidity.
Multi-Chain Liquidity Integration to Increase TVL
The integration affects assets on Lumia that utilize multi-chain liquidity, with expectations of increased total value locked across their ecosystem.
“From Wall Street to Web3: Blockchain Infra Powering RWAs @BuildOnLumia is bringing trillions in real-world assets onchain and Avail is the infrastructure making it possible.” – Anurag Arjun, Co-founder, Avail
Greater interoperability promises enhanced liquidity and usability for tokenized assets within Lumia’s platform. Historical trends suggest these upgrades might drive a surge in asset value and usage.
Comparative Gains from Similar Blockchain Upgrades
Similar initiatives by platforms like Polygon and Cosmos have historically increased protocol usage and asset movement, suggesting potential gains for Lumia.
Expert insights indicate that these infrastructure upgrades are crucial for scaling operations, with potential long-term benefits for both broader integration and ecosystem growth.
| Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing. |
