Lumia – Why AI Agents Could Become the Biggest Owners of Real-World Assets
Michael Huynh is Chief Marketing Officer at Lumia, a blockchain built specifically for tokenized real-world assets. It aims to handle an asset’s whole lifecycle, from compliant issuance to on-chain liquidity. Michael has worked full-time in crypto marketing since 2017, with Polygon, Avalanche and a few hundred other projects. He also co-founded the DCENTRAL conference series, which ran events across the US and into Asia.
The link will open a new window. Click the menu and down arrow to download the file.
Podcasts available on
Why you should listen
Most of the RWA conversation so far has been about putting Treasuries on-chain and trading price exposure to gold. Michael argues that this barely scratches the surface; by his estimate, only about five percent of the opportunity has been unlocked. His real estate example shows what he means. Tokenizing a house is the easy part. The hard part is everything underneath it: deed settlement, county records, property taxes. Once those are bundled into the asset, mortgages and home equity lines of credit can follow it on-chain. The same reasoning turns tokenized gold from a trading instrument into a way for a mine to finance its next production run. That breadth is how Lumia positions itself against specialists like Ondo. Michael concedes they will win their chosen verticals, while Lumia tries to cover all the asset classes nobody has taken on yet.
The bigger bet is on the United States, and Michael is candid about what that costs. Lumia says it is deliberately building its US rails before the law arrives. He compares it to a racehorse that stays at the gate rather than wandering off to other tracks. The company has assembled a bipartisan bench of former Congressmen, including Tim Ryan and David McIntosh, with Gibson Dunn as counsel. The timing is pointed: the CLARITY Act failed a 49–50 cloture vote in the Senate in September. Michael says the stall was expected and that the US is still the market that matters, noting that institutions like BlackRock do not commit to a market without a path forward. He also explains LGP-01, which Lumia’s community passed with 95 percent support in early October. It retires the HyperNode program through a USDT buyback of future rewards and redirects the recovered tokens into a foundation fund for growth. He presents it as removing a structure that did not fit what institutional and government partners need.
The most provocative part of the conversation is about AI agents. Michael predicts, echoing Animoca Brands’ Yat Siu, that agents will become the largest holders of tokenized assets. He describes agents that score an asset against its listed price before buying, which speeds up price discovery. They would also source deals and send owners a daily summary, all within whatever permissions and spending limits the owner sets. A self-driving taxi that earns income around the clock is his example of an RWA category that does not exist on-chain yet. In the hot take round, Michael keeps at least half his heart with Bitcoin. He says agents combined with RWAs could take blockchain daily active users from one million to fifty million. He also sketches a ten-year future of reputation-based agent networks and “agentic billionaires”, and names The 100 as his favorite science fiction show.
Supporting links
If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.
Disclaimer: Any educational content, market commentary, research, analysis, forecasts, coaching, training, or opinions provided by independent third parties do not represent the views of Plus500. Plus500 provides self-trading execution-only services and does not provide asset management nor investment, financial, legal, or tax advice. Plus500 accepts no responsibility or liability for any decisions made or losses incurred as a result of reliance on information, research, educational materials, coaching, or services provided by third parties.
Brave New Coin reaches 1M+ engaged crypto enthusiasts a month through our website, podcast, newsletters, and YouTube. Get your brand in front of key decision-makers and early adopters in 2026. Limited slots remaining! Find out more today!
Ault Blockchain – Silver First, Then Everything Else
