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Infinit Unveils ‘DeFi Abstraction Layer,’ Robin Linus Delivers BitVM2

Altszn.com by Altszn.com
August 19, 2024
in Blockchain, Crypto, DeFi, Web3
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Infinit Unveils ‘DeFi Abstraction Layer,’ Robin Linus Delivers BitVM2
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Lumia, describing itself as a “next-gen, ultra capital efficient, hyper-liquid restake layer 2 rollup,” has announced a strategic fundraising round led by Laser Digital, Nomura’s digital asset arm, with participation from key investors including DWF Labs and TRGC. According to the team: “This round aligns with Lumia’s milestone of surpassing 25,000 nodes sold, a significant step in their mission to revolutionize DeFi and Real-World Assets (RWAs) integration. The funds will support the development of Lumia’s innovative layer-2 solution and liquidity infrastructure, which aims to set new industry standards by enhancing the integration and utility of RWAs on the blockchain.” Terms of the fundraising were not disclosed. According to the project documentation, Lumia is built with a “cutting edge tech stack” that includes: “PolygonCDK, NearDA and private DAC, Polygon AggLayer, EigenLayer AVS, Account Abstraction and more, thanks to joint co-development efforts between GatewayFM (RaaS) and Lumia’s tech team.” Lumia will have its “own custom private Data Availability Committee (DAC), own liquidity network (a.k.a Lumia Stream), decentralised sequencers, fast finality and validity proofs for a secure and decentralized Web3 experience.”



Read More: www.coindesk.com

Tags: AbstractionBitVM2DeFideliversInfinitLayerLinusRobinUnveils
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