Mon, November 11

Lumia Completes Strategic Funding Round Coinciding With 25,000 Node Sales Milestone

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Lumia is excited to share the details of their strategic funding round, which they have successfully completed coinciding with the sale of more than 25,000 nodes. Lumia is making great strides towards its goal of disrupting the blockchain industry for RWAs and DeFi with this development.

Laser Digital, Nomura’s digital asset arm, spearheaded the strategic round, which also included participation from DWF Labs and TRGC, among other significant investors. By purchasing Lumia tokens, nodes, or both, these participants have shown their unwavering support for  Lumia’s vision.

With the funds from this strategic round, Lumia will be able to develop its liquidity infrastructure and revolutionary Layer 2 solution, which will allow Real-World Assets (RWAs) to be effortlessly integrated into DeFi. With its innovative features, Lumia aims to revolutionize the market and make RWAs on the blockchain more useful and integrated.

Kal Ali, Core Contributor, Lumia Foundation stated:

“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. A big thank you to our partners and the node owners that will serve as the backbone of our decentralize network.”

Jez Mohideen, CEO, Laser Digital stated:

“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.”

Andrei Grachev, Managing Partner stated:

“We are thrilled to support Lumia in this pivotal fundraising round as they continue to revolutionize the DeFi landscape. Lumia’s innovative Layer 2 solution and liquidity infrastructure are poised to transform how Real-World Assets are integrated into the blockchain ecosystem. Looking forward to Lumia’s growth and solidify its position as a leader in the industry, bringing unprecedented features that enhance the utility and integration of RWAs.”

Etiënne Vantkruys, Head of TRGC stated:

“Working with the Lumia team has TRGC very excited for what the future holds as we look forward to our continuted collaboration.”

Lumia is well-positioned to spearhead the subsequent surge of innovation in blockchain technology, especially in the domains of DeFi and RWAs, based on the announcement of the enormous participation in the strategic funding round and the remarkable achievement of 25,000 nodes sold.

A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.