The fundraising coincides with the celebration of selling 25,000 Lumia Hypernodes, a significant milestone, Kal Ali stated.
Blockchain-based real-world assets (RWA) platform Lumia announces a successful fundraising round, this Thursday. The capital investment was led by Nomura’s digital asset arm, Laser Digital, with notable participation from prominent investors including DWF Labs, TRGC, and others. The investment came in the form of tokens, buying Lumia’s nodes, or both.
This funding round coincided with Lumia surpassing the milestone of selling 25,000 nodes, marking a step forward in offering decentralized investment in real-world assets. According to Lumia’s team, the investment will push forward its vision and mission to “revolutionize the blockchain space for DeFi and RWAs”.
Thanking its partners for participating in the latest strategic fundraising round, Kal Ali, Core Contributor at Lumia Foundation, believes the investment will “serve as the backbone of Lumia’s decentralized network”.
"Lumia is proud to unveil some of the participants in our strategic fundraising round and the progress of our record-breaking node sale,” Ali added. “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.”
Transforming the Real World Assets (RWA) Industry
As a pioneer in offering modular Layer 2 solutions, Lumia’s mission is designed to provide deep liquidity, capital efficiency and essential infrastructure to bridge the gap between digital and physical worlds. The decentralized finance platform focuses on enhancing the real-world asset market via its decentralized physical infrastructure network (DePIN). It bridges the gap between physical assets and digital finance, making tokenized assets easily accessible on the blockchain - pioneering the next evolution of finance.
The latest strategic round of funding will help fuel the growth and innovation of these Layer 2 solutions. It will also help in developing a groundbreaking liquidity infrastructure that seamlessly brings Real-World Assets (RWAs) to DeFi.
"We are thrilled to support Lumia in this pivotal fundraising round as they continue to revolutionize the DeFi landscape,” Andrei Grachev, Managing Partner at DWF Labs said on the completion of the fundraising. “Lumia's innovative Layer 2 solution and liquidity infrastructure are poised to transform how Real-World Assets are integrated into the blockchain ecosystem.”
This will push Lumia into setting new industry standards in the DeFi and RWA markets, introducing several unique and futuristic features that will enhance the integration and utility of RWAs on the blockchain.
“Looking forward to Lumia's growth and solidifying its position as a leader in the industry, bringing unprecedented features that enhance the utility and integration of RWAs,” Grachev added.
Lumia Celebrates Selling 25,000 Nodes Milestone
Adding to the financial backing, Lumia also celebrated reaching 25,000 Hypernodes sold – “an impressive milestone”, according to the team statement. Once a user buys a licensed Hypernode, they access multiple reward pools and have the opportunity to earn multiple yields. As the industry’s-first decentralized physical infrastructure nodes, Lumia believes the recent milestone places it in a prime position to disrupt the $10 trillion real-world asset market.
In the coming months, Lumia is planning to release its aggregated native yield restaking for RWAs and its first airdrop. In the first half of 2025, Lumia will integrate its platform with Polygon’s AggLayer, Passport and Miden to enhance its DePIN platform. Finally, the decentralized RWA platform will also launch AI Yield Management via zero-knowledge machine learning (zkML) for optimized RWA opportunities, later in 2025.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.