Founders Fund-backed Avail acquires Arcana, offering XAR token holders 4:1 swap into AVAIL

Avail, a modular blockchain infrastructure project backed by Peter Thiel's Founders Fund and other notable investors, has acquired Arcana, a chain abstraction protocol, in a deal aimed at boosting multichain scalability.The acquisition is Avail’s first and will see Arcana’s chain abstraction and dev…