Currencies37837
Market Cap$ 2.53T-1.35%
24h Spot Volume$ 48.61B+2.56%
DominanceBTC55.96%-2.31%ETH9.50%+1.21%
ETH Gas0.13 Gwei
Cryptorank
/

Lumia and Avail team up for secure, scalable real-world asset tokenization


Lumia and Avail team up for secure, scalable real-world asset tokenization

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Lumia, a blockchain platform focused on real-world asset (RWA) tokenization, is rolling out a new cross-chain model through a strategic integration with Avail Stack, according to a statement shared with CryptoSlate.

The partnership aims to improve how tokenized assets are created, verified, and moved across different blockchain networks.

Through this integration, Lumia will access Avail’s modular infrastructure, which is designed to tackle blockchain fragmentation.

Avail Stack’s core tools include scalable data availability, secure asset messaging, and cross-chain communication protocols.

Lumia plans to leverage these features to enable seamless liquidity for tokenized assets across chains while preserving security and data integrity.

Meanwhile, a key component of this upgrade is Avail Nexus. This messaging layer allows for the secure transfer of assets and the verification of data without relying on centralized systems.

Anurag Arjun, the co-founder of Avail, said:

“The full potential of tokenization will only be realized when assets are liquid, programmable, and globally verifiable. To enable that, we need infrastructure that guarantees a composable and interoperable environment; one where tokenized assets aren’t locked into singular ecosystems, but can move freely across chains with compliance, security and scalability embedded at the base layer.”

Scaling real-world assets

The move aligns with Lumia’s broader vision of bringing RWAs into mainstream crypto finance. The platform already supports tokenized real estate projects worth over $220 million, including two significant developments in Istanbul.

Lumia has also signed a $1 billion asset agreement with the Sen Group and distributed over 25,000 HyperNodes.

Lumia offers tokenization services for various assets, including real estate, luxury goods, and commodities. It uses Polygon’s CDK to implement zero-knowledge security and maintain compliance with global regulations.

The upcoming launch of Lumia Hub will allow developers and users to tokenize and manage RWAs using lightweight NFT and smart contract tools.

The platform is positioning itself for what analysts say could be a $16 trillion tokenization market by 2030. According to CEO Kal Ali, the need for scalable, secure RWA infrastructure is growing rapidly as institutions look to tap into blockchain-based finance.

The post Lumia and Avail team up for secure, scalable real-world asset tokenization appeared first on CryptoSlate.

Read the article at CryptoSlate

In This News

Coins

$ 0.00...361

$ 0.0869

$ 0.000207

$ 0.093

+0.34%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 0.00...361

$ 0.0869

$ 0.000207

$ 0.093

+0.34%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

XRP’s 15-week low puts ETF inflows to the spot-market test

XRP’s 15-week low puts ETF inflows to the spot-market test

XRP is giving traders a contradiction that separates flow data from actual market con...
Vitalik Buterin Criticizes AI Nationalism as US Senator Pushes for 50% Stake in OpenAI

Vitalik Buterin Criticizes AI Nationalism as US Senator Pushes for 50% Stake in OpenAI

In Brief Bernie Sanders plans bill placing 50% of top AI firms in public sovereign f...