We are thrilled to announce that BuildOnLumia has successfully raised $25 million in a Series A funding round aimed at accelerating the development of our groundbreaking modular layer 2 blockchain, Lumia. This substantial investment will enable us to enhance our innovative platform, which integrates real-world assets (RWAs) with cross-chain liquidity, revolutionizing the digital asset landscape. Lumia stands out in the market as a seamless, efficient, and scalable aggregation layer that unifies liquidity from both centralized exchanges (CEX) and decentralized exchanges (DEX), giving builders immediate access to the largest markets in Web3.
Our cutting-edge technology stack, featuring EigenDA, RaaS infrastructure, Polygon CDK, AggLayer, Biconomy Account Abstraction, and AI/zkML, positions Lumia at the forefront of blockchain innovation. The funds will be strategically deployed to further develop our Lumia Stream infrastructure, enhancing its capabilities and creating even more robust solutions for developers. This funding also allows us to expand our engineering team and deepen our collaborations within the Web3 ecosystem, ensuring that we continue to push the boundaries of what is possible in the digital finance and asset integration space. As we embark on this exciting journey, we remain committed to building a more interconnected and accessible financial future. The support we鈥檝e received from our investors not only validates our vision for Lumia but also empowers us to bring that vision to life, driving the next wave of blockchain advancement.
