According to a report by CoinDesk, the multi-chain Layer 2 network platform Anduro, incubated by the Bitcoin mining company MARA (formerly Marathon Digital), has developed a tokenization platform called Avant, which is used to issue and invest in real-world assets (RWA) on the Bitcoin blockchain.
It is reported that Avant was co-developed by Anduro and the tokenization technology company Vertalo, and the platform is planning to conduct a pilot project regarding the tokenization of whiskey barrels.
According to a previous report by Zombit, Anduro is a platform built on the Bitcoin network that allows the creation of multiple sidechains, providing new channels for innovation within the Bitcoin ecosystem. Anduro also employs a system called "merged mining," where miners can earn additional income denominated in Bitcoin from sidechain transactions while mining Bitcoin on the underlying chain.
Jullian Duran, the product lead at Anduro, stated that Anduro aims to avoid directly transferring RWA operations from Ethereum and Solana blockchains to Bitcoin, but instead hopes to provide solutions that "Bitcoiners can understand."
The incubation of Anduro by Marathon may indicate a trend where cryptocurrency mining companies are seeking more sources of transaction fee revenue to cope with the block reward halving that occurs every four years.