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Multi-chain L2 network Anduro and Vertalo cooperate to develop Bitcoin-based RWA project Avant

2024-10-07 10:18
Odaily News Anduro, a multi-chain L2 network incubated by mining company Marathon Digital Holdings (MARA), has partnered with tokenization platform Vertalo to develop Avant, a project for issuing and investing in real-world assets (RWA) on Bitcoin. They will tokenize whiskey barrels in a pilot project. Anduro hopes to avoid adopting the RWA gameplay that exists on the Ethereum and Solana blockchains, and simply cut and paste it on the Bitcoin network. In addition, Marathon's incubation of Anduro may reflect a trend that mining companies are seeking new sources of transaction fee revenue to cope with the block rewards that are halved every four years.