Lumia secures strategic funds as node sales exceed 25,000 milestone

Lumia has announced a significant milestone in its journey to revolutionize the blockchain space, with the company surpassing the sale of 25,000 nodes.

This achievement coincides with the successful completion of a strategic fundraising round, marking a pivotal moment in the company’s growth.

The round was led by Laser Digital, the digital asset arm of Nomura, with substantial backing from other notable investors, including DWF Labs, TRGC, and several others.

The strategic fundraising round is expected to provide the necessary capital for Lumia to further develop its innovative Layer 2 solution and liquidity infrastructure, specifically designed to integrate Real-World Assets (RWAs) into the decentralized finance (DeFi) ecosystem.

Lumia aims to set a new industry standard by introducing several groundbreaking features that will enhance the utility and integration of RWAs on the blockchain.

Laser Digital leads strategic round to back Lumia’s growth

The fundraising round, led by Laser Digital, represents a strong vote of confidence in Lumia’s vision for the future of blockchain technology. Jez Mohideen, CEO of Laser Digital, expressed his enthusiasm for the partnership, stating,

We are thrilled to be a part of Lumia’s latest investment round and to be supporting them in their journey to become a pioneering force in the space of RWA and liquidity provision.

He further added that Lumia’s innovative solutions have the potential to transform the way RWAs are integrated into the blockchain ecosystem.

In addition to Laser Digital, other key investors in the round include DWF Labs and TRGC. Andrei Grachev, Managing Partner at DWF Labs, highlighted Lumia’s potential, stating,

Lumia’s innovative Layer 2 solution and liquidity infrastructure are poised to transform how Real-World Assets are integrated into the blockchain ecosystem.” Etiënne Vantkruys, Head of TRGC, also emphasized the excitement surrounding Lumia’s future, noting, “Working with the Lumia team has TRGC very excited for what the future holds as we look forward to our continued collaboration.

Strategic funding to fuel further innovation and growth

The funds raised in this strategic round will be used to accelerate Lumia’s development of its Layer 2 solution and liquidity infrastructure.

These technologies are designed to facilitate the seamless integration of RWAs into DeFi, unlocking new opportunities and use cases for blockchain technology.

Lumia’s vision is to merge the multi-trillion-dollar RWA market with DeFi, creating a more inclusive and accessible financial ecosystem.

Kal Ali, a core contributor to the Lumia Foundation, expressed gratitude to the investors and node owners who have supported the company thus far.

Lumia is proud to unveil some of the participants in our strategic fundraising round and the progress of our record-breaking node sale. Our partners were carefully chosen as pioneers in the Web3 space and beyond, to join forces with Lumia and aim to successfully merge the upcoming several trillion dollar RWA market to DeFi.

The achievement of surpassing 25,000 nodes sold is a testament to the growing interest in Lumia’s platform and its potential to reshape the blockchain landscape. These nodes, which serve as the backbone of Lumia’s decentralized network, are critical to the company’s mission of creating a robust and scalable infrastructure for RWAs and DeFi.

Lumia positioned to lead the next wave of blockchain innovation

With the successful completion of its strategic fundraising round and the milestone achievement of 25,000 nodes sold, Lumia is well-positioned to lead the next wave of innovation in the blockchain space.

The company’s focus on RWAs and DeFi represents a significant opportunity to bridge the gap between traditional finance and the emerging digital economy.

As Lumia continues to build out its platform and expand its network, the company is expected to play a key role in the evolution of blockchain technology, particularly in the areas of RWAs and liquidity provision.

The support from prominent investors in this latest funding round underscores the confidence in Lumia’s vision and its potential to become a leader in the industry.

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