Real-world asset tokenization platform Lumia is integrating Avail into its on-chain infrastructure, marking a shift from siloed blockchains to a modular, interoperable infrastructure. According to a press release received by crypto.news, the collaboration will integrate the Avail Stack infrastructure into the RWA chain to unlock more liquidity and interoperability and ensure> You might also like: Exclusive: Lumia CEO and Polygon exec talk $220m skyscrapers and real estate tokenization Co-founder and CEO at Lumia.org, Kal Ali said that the use of blockchain technology in mainstream society is increasing with every year that passes by. He also stated multiple sources cite a growth of more than 60% in terms of Compound Annual Growth Rate. “This means more people are becoming crypto-literate, more are discovering new investment vehicles, and demand for RWA tokenization is higher than ever,” said Ali. Echoing Ali’s sentiments, Avail co-founder Anurag Arjun said the potential of tokenization will fully be realized once assets can be liquified, programmable, and globally verifiable on a>joint study by Ripple (XRP) and Boston Consulting Group, the global market size for tokenized assets could reach as high as $18.9 trillion by 2033. This rapid growth in adoption is mostly due to the rise in institutional demand for blockchain technology and tokenization of assets. Read more: Ripple and BCG report: Global asset tokenization could reach $18.9t by 2033