AI-driven RWA L2 network Novastro completes $1.2 million seed funding round, led by Woodstock.

ChainCatcher News, according to Beincrypto, AI-driven RWA Layer2 network Novastro announced the completion of a $1.2 million seed round of financing, led by Woodstock, with participation from Faculty group, Double peak group, Cogitent, X21, and Sam Tapaliya. It is reported that Novastro is an AI-driven Real World Asset (RWA) Layer 2 chain that integrates MoveVM and EigenLayer AVS. The network aims to provide Ethereum-level security while leveraging the efficient scalability of the Move language to support tokenized revenue applications in the RWA and DeFi sectors. Its core framework revolves around the RUSD stablecoin, which is specifically designed for the tokenization and trading of real-world assets.