TechFlow news — On October 7, according to CoinDesk, Anduro, a multi-chain Layer 2 network incubated by bitcoin mining firm Marathon Digital Holdings (MARA), announced a collaboration with tokenization specialist Vertalo to develop Avant, a real-world asset (RWA) tokenization platform. The platform’s first pilot project will focus on tokenizing whiskey barrels.
Jullian Duran, Product Lead at Anduro, said Avant aims to bring unique RWA solutions to Bitcoin rather than simply replicating existing models from Ethereum or Solana. He emphasized, “We see opportunities in traditional hard asset industries that bitcoin holders can immediately identify with—like American whiskey.”
Marathon’s incubation of Anduro may signal a broader trend: mining companies seeking new sources of transaction fee revenue to offset the block reward halving that occurs every four years. In April, the Bitcoin block reward dropped to 3.125 BTC. Duran explained, “As a publicly traded mining company whose stock price is highly correlated with bitcoin’s price, we need to find new ways to drive price appreciation and promote adoption.”
