Avail Unifies Chains by Acquiring Arcana, Redefining Cross-Chain Experience

Avail, a modular blockchain infrastructure project backed by Peter Thiel’s Founders Fund and other prominent investors, has completed the acquisition of Arcana, a chain abstraction protocol, marking its first strategic move in expanding its technological ecosystem [3]. As part of the deal, all XAR tokens will be swapped for AVAIL at a 4:1 ratio, with the Avail Foundation acquiring 100% of Arcana’s token supply [3]. The token exchange is set to occur in phases, with unlocks scheduled over six to twelve months, while Arcana team tokens will vest over three years [3].

Arcana, which initially focused on building a “storage layer of Ethereum” and a privacy stack, shifted to chain abstraction in mid-2023 to address liquidity fragmentation. Its chain abstraction software development kit and wallet were designed to simplify cross-chain interactions for both developers and users [3]. The acquisition allows Arcana to integrate its tools into Avail’s infrastructure, aligning with Avail’s vision of unifying balances, intent-based execution, and in-app user experiences across multiple blockchains [3].

Avail’s co-founders emphasized that the move strengthens its ability to deliver seamless, internet-like experiences across distributed ledger networks. “Our expertise in chain abstraction and in-app experiences perfectly complements our vision of the future where liquidity moves instantly, applications scale across ecosystems, and the user experience feels as seamless as the internet of today,” said Anurag Arjun, one of Avail’s co-founders [3]. The integration of Arcana’s tools into Avail’s stack is expected to streamline gas management, bridging, and cross-chain swaps, reducing the complexity of multichain interactions for end users.

Financial details of the acquisition beyond the token swap structure were not disclosed, though Prabal Banerjee, another Avail co-founder, noted that negotiations began in April 2025 and the deal has now fully closed [3]. Arcana’s leadership and development team are expected to transition into Avail, expanding the combined team to over 55 members [3]. Arcana’s ecosystem partners—including Avalanche, BNB Chain, Polygon, and Scroll—will also fold into Avail’s broader ecosystem [3].

The move is positioned as a pivotal step in unifying multichain infrastructure, a critical component for the next phase of cryptocurrency adoption. Avail aims to provide a trusted foundation for tokenized assets, stablecoins, and real-world assets, with an emphasis on interoperability, compliance, and privacy [3]. The acquisition reflects the growing trend of consolidation within the blockchain infrastructure sector, where modular solutions are increasingly seen as essential for scaling decentralized applications across ecosystems.

Market reactions to the acquisition have been mixed, with the AVAIL token down more than 7% in the past 24 hours, while XAR has shown a modest increase of approximately 3.6% [3]. The ongoing development and integration of Arcana’s tools may influence future token performance, though no immediate price predictions are made by the companies involved [3].

Source:

[1] AVAIL Definition & Meaning (https://www.dictionary.com/browse/avail)

[2] AVAIL Synonyms: 48 Similar and Opposite Words (https://www.merriam-webster.com/thesaurus/avail)

[3] Founders Fund-backed Avail acquires Arcana, offering XAR token holders 4:1 swap into AVAIL (https://www.theblock.co/post/368483/founders-fund-backed-avail-acquires-arcana-offering-xar-token-holders-41-swap-into-avail)