Avail acquires Arcana to simplify multichain experience
Blockchain infrastructure provider Avail has acquired Arcana, a chain abstraction startup, in a move aimed at making cross-chain activity easier for both developers and users.
Arcana specializes in chain abstraction — technology that lets people interact with multiple blockchains without having to switch networks, manage separate wallets, or move tokens through bridges. Its software development kit (SDK) and wallet tools allow balances to be unified and transactions to move between chains in the background.
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Key points:
- Arcana’s blockchain interoperability solutions simplify the creation of multichain dApps.
- Developers can integrate cross-chain SDKs for a seamless user experience.
- Supports interaction across major chains like Ethereum, Polygon, Avalanche, and Optimism.
Arcana’s blockchain interoperability solutions simplify the creation of multichain dApps. Avail says this technology will be integrated into its Nexus mainnet, which is preparing for launch. Nexus is designed to connect applications across major ecosystems including Ethereum, Polygon, Optimism, Arbitrum, Avalanche, and Base.
“Arcana adds a powerful new dimension to Avail’s mission,” said Anurag Arjun, Co-Founder of Avail. “Their 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 in-app experience feels as seamless as using the internet of today.”
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Launched in 2021, Avail is a modular blockchain infrastructure provider that connects and scales different blockchains. Its Avail Stack includes Nexus for cross-chain messaging, DA for scalability, and Fusion for security. The project’s goal is to enable a seamless multichain economy where apps and assets move freely without bridges or friction.
Why it matters
The deal comes at a time when crypto markets are struggling with fragmentation — assets and liquidity spread across dozens of blockchains. At the same time, traditional finance firms are experimenting with tokenized assets and digital treasuries, which adds even more networks into the mix.
By acquiring Arcana, Avail is trying to position itself as a platform that can simplify this complexity. If successful, it could help reduce the friction that often discourages new users from entering Web3 and encourage developers to build cross-chain apps without the current hurdles.
Impact on Arcana users
Arcana, which is backed by investors including DCG, Republic Crypto, and Polygon Ventures, will see its products folded into the Avail stack. As part of the acquisition, the Avail Foundation has acquired 100% of Arcana’s XAR tokens. Existing holders will be able to swap them for AVAIL tokens at a 4:1 ratio, with unlocks scheduled at six and twelve months.
“Arcana’s mission has always been clear: to leverage chain abstraction and make Web3 effortless for everyone,” said Mayur Relekar, Founder and CEO of Arcana. “Joining Avail allows us to scale that mission to its fullest potential by integrating Arcana’s abstraction layer into the Avail multichain stack.”