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Lumia and Avail collaborate to develop a cross-chain solution focused on tokenization of assets.
PANews June 26 news, according to CryptoSlate, the blockchain platform Lumia, which focuses on the tokenization of real-world assets (RWA), is strategically integrating with Avail Stack to launch a new cross-chain model. This collaboration focuses on optimizing the creation, validation, and transfer processes of tokenized assets across different blockchain networks. Lumia will access Avail's modular infrastructure aimed at solving blockchain fragmentation issues, utilizing 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. Additionally, a key part of this upgrade, the Avail Nexus messaging layer, ensures secure asset transfer and data validation without relying on centralized systems.