Avail Raises $75 Million to Power Crosschain Economy with Avail Stack

Avail, a modular blockchain, is strategically positioning itself to redefine infrastructure with its full-stack approach. Operating out of Dubai, UAE, Avail is backed by prominent venture capital firms such as Founders Fund and Dragonfly, and is powering some of Web3’s most forward-looking projects, including Lens, Sophon, Space & Time, Lumia, Skate, and leading institutional tokenization platforms. The rollout of the full Avail Stack enables seamless connections between chains to build a scalable and interoperable blockchain infrastructure for the future.

Avail's vision is to build an interconnected Web3 that allows networks to move assets and communicate while abstracting away user complexities to create a unified in-app experience. The Avail Stack, a full-scale blockchain infrastructure solution, comprises Avail Nexus, Avail Fusion, and Avail DA, as well as a suite of products and functionality upgrades, including Turbo DA, Enigma DA upgrade, and Light Clients. These components cater to a range of audiences, from Web3 native startups to traditional Web2 giants.

The global blockchain market is projected to grow significantly, with infrastructure alone expected to reach $306 billion by 2030. This growth is driven by factors such as modularity, institutional demand, scalable technology, and tokenization. When Avail launched its purpose-built data availability (DA) layer on mainnet in July 2024, it aimed to revamp the concept of blockchain scalability and broaden the scope of functionality to reach mass adoption.

Despite market headwinds, Avail raised $75 million in 2024 from top investors under the leadership of Anurag Arjun, former Polygon co-founder, and Prabal Banerjee, former Polygon research lead. The Avail Stack includes Avail DA for scalable, verifiable data availability, Turbo DA, Enigma Upgrade, Avail Light Clients, and Avail’s 10 GB Infinity Blocks. Avail supports any execution environment with native ZK verification on the base layer. The most powerful upgrade is Avail Nexus, a permissionless crosschain layer enabling connectivity between different chains.

Avail Nexus unlocks liquidity and user access with a seamless in-app experience across multiple ecosystems, enabling a true crosschain economy. It abstracts convoluted flows and back-end processes, delivering a simplified, intuitive experience. With Nexus, the typical 12+ click, crosschain process is reduced to just a couple of simple approvals, all behind the scenes, allowing users to stay in the app. If one chain in the Avail Stack has access to key infrastructure, every other connected chain can use it too, without needing to redeploy it. This borrowed infrastructure model allows new chains to bootstrap with shared liquidity and shared apps, accelerating ecosystem growth.

For developers, Nexus unlocks a powerful new era of multichain applications that coordinate state and logic across environments without replicating contracts. Connectors for EVM, ZK, Optimistic, and sovereign chains make integration seamless for any environment. To complement this is the Avail Fusion upgrade that creates a diverse security model. Apps gain access to pooled crypto-economic security while maintaining decentralization.

Confidence in Avail’s capability is reflected in the top-tier integrations. Lens Protocol, with over 650K user profiles and 28M+ social connections, launched Lens Chain using Avail DA. Sophon, a zk-validium, raised $60M in a node sale supported via Avail Light Clients. Space & Time, which has partnered with Microsoft and Google Cloud BigQuery, will use Avail to anchor ZK query proofs. Leading players in tokenization and RWAs like Lumia and rootVX are on the Avail testnet. Other projects powered by Avail include Rooch, Odysphere, and Eternal, with 50 more partnerships in the pipeline.

Avail is building the foundation for a crosschain economy, shared liquidity, and composability, all while staying true to the core principles of decentralization and permissionlessness. Avail Nexus connects and powers crosschain messaging, while Avail DA foundation powers horizontal scalability with its 10GB infinity blocks roadmap and functionality upgrades. Avail Fusion will enable crypto-economic security for the Avail economy. With Avail Stack, developers get a future-proof foundation where apps and assets move freely across chains.