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news-imageMarch 5, 2025

Canary Capital Files to Launch ETF Tracking Cross-Chain Protocol Axelar

Axelar also announced the appointment of former Acting Comptroller Brian Brooks to its newly formed Institutional Advisory Board.
Publisher: Coindesk
Sentiment: Positive
AXL

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cover-imageCoingape
March 6, 2025

Canary Capital Sparks AXL Price Surge With Axelar ETF Filing

Canary Capital has officially filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking Axelar's AXL token. The announcement led to a rapid increase in AXL price, surging over 15% before settling at approximately $0.44.

Positive
cover-imageInvezz
October 16, 2024

TON Foundation chooses Axelar's Mobius for cross-chain interoperability

The TON Foundation has selected Axelar's Mobius development stack as its preferred solution for enhancing interoperability across various blockchain networks. This decision is aimed at improving The Open Network's (TON) connectivity with other blockchains. It will facilitate asset transfers and support the development of cross-chain decentralized applications (dApps).

Positive
cover-imageCrypto Economy
October 3, 2024

Axelar Launches Mobius with Babylon and EigenLayer Integration

TL;DR Axelar has launched the Mobius Development Stack (MDS), a comprehensive interoperability platform that facilitates integration between on-chain and off-chain systems. The MDS includes blockchains such as Solana, Stellar, Sui, and XRP Ledger, and becomes the first institutional-grade interoperability network. The platform allows customizable connections, rapid tokenization of assets, and an unrestricted multichain experience.

Positive
cover-imageCrypto Economy
June 12, 2024

Ripple and Axelar Launch New EVM Sidechain to Boost DeFi and RWA Tokenization

TL;DR Ripple Labs and Axelar partner to launch the XRPL EVM Sidechain, integrating compatibility with the Ethereum Virtual Machine (EVM). The new sidechain will facilitate interoperability and open up new opportunities in decentralized finance (DeFi). Collaboration with Axelar and Peersyst Technology strengthens the security and efficiency of the sidechain.

Positive
cover-imageUToday
March 1, 2024

Ripple Partner Axelar Skyrockets 81% Amid Listing on Major Exchange

In today's volatile cryptocurrency market, Axelar's AXL token has surged by an impressive 81% following the announcement of its listing on Binance, the world's largest cryptocurrency exchange. The listing news, which came directly from Binance, triggered a flurry of trading activity, propelling AXL's price to $2.73 per token, marking an astonishing increase from its pre-announcement level of $1.49.

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