Latest news with #Avail
Int'l Business Times
17-06-2025
- Business
- Int'l Business Times
Avail Goes Full Stack to Capture $300bn Global Blockchain Infra Market
Dubai, UAE, June 17th, 2025, Chainwire The only stack that delivers horizontal scalability, crosschain connectivity, and unified liquidity, without compromising on decentralization. Avail, backed by Founders Fund, Dragonfly, and other top VCs, 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 in the future. Avail is focused on building 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, Light Clients, catering to a range of audiences; both Web3 native startups and traditional Web2 giants. Blockchain Infrastructure: A $300B Market According to Grand View Research, the global blockchain market is projected to grow from $31.3 billion in 2024 to $1.43 trillion by 2030, with infrastructure alone expected to reach $306 billion, driven by modularity, institutional demand, scalable tech, and tokenization. When Avail launched its purpose-built data availability (DA) layer on mainnet in July 2024, it set out to revamp the concept of blockchain scalability. The founding team was clear in its vision of broadening the scope of functionality so that blockchain could reach mass adoption. As Ethereum doubled down on its rollup-centric roadmap, the limitations of the current blockchain models became clear; bridges were brittle, liquidity fragmented, and developers faced friction rewriting logic across chains. Innovation slowed, and VC investment declined, as noted in S&P Global's 2024 report. 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), to build their vision of how blockchain experiences should be. The Avail Stack The Avail Stack comprises Avail DA for scalable, verifiable data availability, including 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. However, the most powerful upgrade is Avail Nexus. The Avail Nexus upgrade is 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. No network switches, no bridges, no leaving the app. Nexus fully 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, for example, Uniswap or Aave, 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. 'With Avail, we were clear that developers no longer rebuild core infrastructure per chain. We wanted to give one integration that connects logic, assets, and users across all ecosystems. This is the foundation of Avail's horizontal scalability vision: modular infrastructure, interoperable chains, and unified UX.' - Prabal Banerjee, co‑founder, Avail. 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. 'We built Avail for a world where new chains can launch fast, can communicate and scale instantly. That's the promise of horizontal scalability, and it's how blockchain technology can reach population scale.' - Anurag Arjun, co-founder, Avail. 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. About Avail Avail is designed to connect and scale blockchains with the Avail Stack. Avail Nexus connects and powers crosschain messaging. Avail DA foundation powers horizontal scalability with its 10GB infinity blocks roadmap and functionality upgrades, while 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. Users can learn more about Avail on Discord, Twitter, Blog Media Contact: Shailey Singh shailey@ Contact PR & Comms Lead Annu Shekhawat Avail Technology Ltd. annu@
Business Insider
17-06-2025
- Business
- Business Insider
Avail Goes Full Stack to Capture $300bn Global Blockchain Infra Market
Dubai, UAE, June 17th, 2025, Chainwire The only stack that delivers horizontal scalability, crosschain connectivity, and unified liquidity, without compromising on decentralization. Avail, backed by Founders Fund, Dragonfly, and other top VCs, 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 in the future. Avail is focused on building 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, Light Clients, catering to a range of audiences; both Web3 native startups and traditional Web2 giants. According to Grand View Research, the global blockchain market is projected to grow from $31.3 billion in 2024 to $1.43 trillion by 2030, with infrastructure alone expected to reach $306 billion, driven by modularity, institutional demand, scalable tech, and tokenization. When Avail launched its purpose-built data availability (DA) layer on mainnet in July 2024, it set out to revamp the concept of blockchain scalability. The founding team was clear in its vision of broadening the scope of functionality so that blockchain could reach mass adoption. As Ethereum doubled down on its rollup-centric roadmap, the limitations of the current blockchain models became clear; bridges were brittle, liquidity fragmented, and developers faced friction rewriting logic across chains. Innovation slowed, and VC investment declined, as noted in S&P Global's 2024 report. 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), to build their vision of how blockchain experiences should be. The Avail Stack The Avail Stack comprises Avail DA for scalable, verifiable data availability, including 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. However, the most powerful upgrade is Avail Nexus. The Avail Nexus upgrade is 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. No network switches, no bridges, no leaving the app. Nexus fully 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, for example, Uniswap or Aave, 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. 'With Avail, we were clear that developers no longer rebuild core infrastructure per chain. We wanted to give one integration that connects logic, assets, and users across all ecosystems. This is the foundation of Avail's horizontal scalability vision: modular infrastructure, interoperable chains, and unified UX.' - Prabal Banerjee, co‑founder, Avail. 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. 'We built Avail for a world where new chains can launch fast, can communicate and scale instantly. That's the promise of horizontal scalability, and it's how blockchain technology can reach population scale.' - Anurag Arjun, co-founder, Avail. 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. About Avail Avail is designed to connect and scale blockchains with the Avail Stack. Avail Nexus connects and powers crosschain messaging. Avail DA foundation powers horizontal scalability with its 10GB infinity blocks roadmap and functionality upgrades, while 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. Contact PR & Comms Lead Annu Shekhawat Avail Technology Ltd.
Business Journals
24-04-2025
- Business
- Business Journals
Chicago VC firm M25 adds Ryan Coon as venture partner
THE REMAINDER OF Ryan Coon, who sold his Chicago startup to in 2020, explains why he's switching to the other side of the table. A local early-stage venture capital firm has added a new venture partner with ties to Chicago's tech scene as it aims to find the Midwest's next unicorn. Ryan Coon has joined M25, bringing with him direct knowledge of what it's like to launch a startup in the Windy City. expand After founding Chicago startup Avail, Ryan Coon is moving to the other side of the table by joining M25 as its new venture partner. Courtesy of M25 GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events Coon's most recent venture, Avail, a Chicago startup he co-founded in 2012 and for which he served as CEO, was acquired by in 2020 after it raised $10 million and served more than a million landlords and renters. The platform provided tools and resources to improve the landlord-tenant relationship. Coon thinks his experience launching and scaling a startup and raising capital will add a fresh perspective to an early-stage venture firm focused on finding startups headquartered in the Midwest. M25 launched a $31.8 million fund in 2021 and has become one of the most active investors in the Chicago market, backing more than 50 startups in Chicagoland including Kin Insurance, Chowly and Continuum. M25 first launched nearly 10 years ago with a mission to support Midwest-headquartered startups. Coon spoke with the Chicago Business Journal about why he decided to join the Midwest-focused firm. This interview has been edited for length and clarity. What made you want to switch to the other side of the table? Now is the right time for me, both personally and professionally. I think on the personal front, have a couple of young kids, and so I see this as a way to be still be involved in the venture ecosystem but outside the founder/CEO chair. And professionally it just seems like a really good match between the experience of going through all the different stages of growing a company, from literally writing the first line of code to selling and and sharing that news with our team and investors. Along that journey, I made a ton of mistakes, and so I really view this as an opportunity to help others in the M25 portfolio to avoid a lot of those mistakes and things we screwed up. How do you think your experience in launching a startup in Chicago will serve you in evaluating where M25 should invest? As a investor, there's three things that you've got to do really well: You've got to be able to raise capital from the limited partners. You've got to deploy and invest that capital. And you've got to support your portfolio companies. With each of those three things, my experience growing and selling a company in Chicago will be helpful. I know firsthand: I had a number of advisors and investors who were former operators and those were my favorite and best investors as founder. How do you think it will help when advising and talking to startups? When we raised our last round, I got 168 no's before finally getting a yes. I think it will be helpful to have a former operator around to say and be able to identify holes in pitches and identify things that maybe even founders haven't thought about. Sign up for the Business Journal's free daily newsletter to receive the latest business news impacting Chicago.
