Founders Fund-backed Avail Announces Acquisition of Arcana

Odaily Planet Daily News Avail, supported by Founders Fund, announced the acquisition of chain abstraction agreement Arcana. The specific amount has not been disclosed yet. Arcana's tools will be integrated into Avail's stack, and most of its team members will also join Avail. It is reported that this acquisition is also Avail's first acquisition. (The Block)