Infinit Unveils DeFi Abstraction Layer and Phased Babylon Mainnet Launch This Week

Lumiadescribing itself as a “state-of-the-art, ultra-capital-efficient company, Hyperfluid layer 2 remapping“, has announced a strategic funding round led by Laser Digital, Nomura’s digital asset division, 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 solda significant step in its mission to revolutionize the integration of DeFi and real-world assets (RWA). The funds will support the development of Lumia’s innovative layer-2 solution and liquidity infrastructure, which aims to set new industry standards by improving the integration and utility of RWAs on the blockchain.” Terms of the fundraise were not disclosed. According to the project documentationLumia is built with a “cutting-edge technology stack” including: “PolygonCDK, NearDA and private DAC, Polygon AggLayer, EigenLayer AVS, Account Abstraction, and more, thanks to joint co-development efforts between GatewayFM (RaaS) and the Lumia technical team.” Lumia will have its own “custom private Data Availability Committee (DAC), its own liquidity network (aka Lumia Stream), decentralized sequencers, rapid proofs of validity and finality for a secure and decentralized Web3 experience.”

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