DeFi Editor's Picks

Lumia Sells Over 25,000 HyperNodes and Closes Funding Round

lumia featured

gshinTL;DR

  • Lumia has sold over 25,000 HyperNodes and has closed a funding round led by Laser Digital. With participation from DWF Labs and TRGC.
  • The raised funds will be used to advance Lumia’s Layer 2 solution. Focused on integrating real-world assets into DeFi and improving cross-chain interoperability.
  • HyperNodes are key to the scalability and security of the decentralized network.

Lumia has sold over 25,000 HyperNodes, marking a significant advance in its financing strategy. The sales coincide with the closing of a funding round led by Laser Digital, the digital asset arm of Nomura, along with participation from other major investors such as DWF Labs and TRGC.

The funds obtained from this round will be used to boost Lumia’s Layer 2 solution, which focuses on integrating real-world assets (RWAs) into decentralized finance (DeFi) systems and improving cross-chain interoperability.

Lumia is a platform based on Ethereum’s zkEVM technology and has developed HyperNodes as an essential part of its decentralized network. These nodes, also known as Availability Committee (DAC) nodes, are designed to ensure scalability, security, and compliance in the network. HyperNodes play a crucial role by verifying transaction data and generating real yield through trading fees. Contributing to the overall liquidity and stability of the network.

Lumia Revolutionizes RWA and Blockchain Integration

The investment round in Lumia was a significant and necessary injection of capital. It has also served as validation of the company’s solid technological foundation and its innovative vision for the future of the RWA market.

lumia post

Investors have expressed enthusiasm for supporting the company in its mission to revolutionize the DeFi ecosystem and facilitate the integration of RWAs into the blockchain. The round includes a combination of future Lumia tokens and HyperNodes. Which are fundamental for ensuring the decentralization and security of the network.

Lumia continues to redefine the interaction between financial assets by integrating centralized exchange liquidity with DeFi platforms. Promoting a more democratic and accessible liquidity provision. With this new funding, the company will be able to accelerate its growth. Establishing itself as a leader in liquidity provision within the crypto industry.

Related posts

Hoskinson Alerts on Control of Stablecoins by Industry ‘Vampires’

fernando

Cryptocurrencies could destabilize nations, says Hillary Clinton

Afroz Ahmad

Bitcoin Miners Fees: The Key to $107 Million Profit

jose