PANews reported on June 26 that according to CryptoSlate, Lumia, a blockchain platform focusing on the tokenization of real-world assets (RWA), is strategically integrating with Avail Stack to launch a new cross-chain model. This cooperation focuses on optimizing the creation, verification and transfer process of tokenized assets on different blockchain networks. Lumia will access Avail's modular infrastructure designed to solve the problem of blockchain fragmentation, and use its core tools such as scalable data availability, secure asset messaging and cross-chain communication protocols to achieve seamless cross-chain flow of tokenized assets while ensuring security and data integrity. In addition, the key part of this upgrade, the Avail Nexus messaging layer, can ensure the secure transfer of assets and data verification without relying on centralized systems.

ETHZilla CEO McAndrew Rudisill said the company’s strategy is to deploy Ether on the Ethereum network through layer-2 protocols and tokenizing real-world assets. Ether treasury company ETHZilla is looking to raise another $350 million through new convertible bonds, with funds marked for more Ether purchases and generating yield through investments in the ecosystem. ETHZilla chairman and CEO McAndrew Rudisill said on Monday that the company’s strategy is to deploy Ether (ETH) in “cash-flowing assets” on the Ethereum network through layer-2 protocols and tokenizing real-world assets. A growing number of digital asset companies are moving past simply holding crypto and looking to generate yields through active participation in the ecosystem, which crypto executives told Cointelegraph in August, could help spark a DeFi Summer 2.0.Read more

