Avail Unifies Chains with Arcana’s Tech, Paving New Crypto Infrastructure

Avail, a modular blockchain infrastructure project supported by Founders Fund and other prominent investors, has finalized the acquisition of Arcana, a chain abstraction protocol. The transaction marks Avail’s first major acquisition and is designed to enhance multichain scalability and user experience. Under the terms of the agreement, Arcana’s chain abstraction and developer tools will be integrated into Avail’s infrastructure. Additionally, the Avail Foundation has acquired 100% of Arcana’s XAR token supply, offering existing holders the opportunity to swap their XAR tokens for AVAIL at a 4:1 ratio. The token unlocking process will occur over six to twelve months for most participants, while Arcana team tokens will vest over a three-year period [1].

This strategic move aligns with Avail’s broader vision of creating a unified multichain infrastructure that simplifies interactions across various blockchains. Chain abstraction, a design approach that reduces the complexity of cross-chain operations, enables users to interact with multiple networks as if they were a single ecosystem. Arcana’s co-founder and CEO, Mayur Relekar, emphasized that the integration of its chain abstraction SDK and wallet will allow Avail to scale its mission of seamless user experiences across chains [1]. Avail co-founder Anurag Arjun noted that Arcana’s expertise complements Avail’s goals of instant liquidity movement, cross-ecosystem application scaling, and intuitive user interfaces [1].

Arcana, which previously focused on building a storage layer for Ethereum and a privacy stack, shifted its focus to chain abstraction in mid-2023 to address liquidity fragmentation. Before the acquisition, Arcana had raised approximately $5.5 million in funding from investors including Digital Currency Group, Republic, Sandeep Nailwal, and Balaji Srinivasan [1]. Avail, on the other hand, spun out of Polygon in 2023 and has secured $75 million in total funding from Founders Fund, Dragonfly, Cyber Fund, Hashkey Capital, and Foresight Ventures. Avail co-founder Prabal Banerjee confirmed that acquisition discussions began in April 2025, with the deal now fully closed [1].

With this acquisition, the combined team size of Avail and Arcana now exceeds 55, with plans for further hiring. Arcana’s leadership and core development team will transition to Avail, and its ecosystem partners—including Avalanche , BNB Chain, Polygon, Scroll, Linea, and Renzo—are expected to integrate into Avail’s ecosystem. Avail’s existing ecosystem includes Ethereum, Optimism , Arbitrum, and other major chains. The goal is to unify cross-chain balances, intent-based execution, and in-app experiences, aiming to create a robust foundation for the next wave of crypto adoption [1].

Avail has positioned the acquisition as a pivotal step in building global financial primitives with interoperability, compliance, and privacy as key considerations. The project envisions a future in which institutions can trust a single unified layer for tokenized assets, stablecoins, and real-world assets. While the AVAIL token has seen a slight decline, currently trading at around $0.012, the XAR token has shown a modest increase of about 3.6%, trading at $0.0031 [1]. This acquisition underscores Avail’s commitment to advancing modular blockchain infrastructure and enhancing the scalability and accessibility of decentralized applications.

Source: [1] Founders Fund-backed Avail acquires Arcana, offering ... [2] Avail announces the acquisition of the chain abstraction ... [3] Founders Fund-backed Avail has acquired Arcana, offering ...