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Axelar Foundation, the nonprofit supporting the growth and adoption of the Axelar Network interoperability protocol, has disclosed strategic AXL token sales worth $30 million.
Canary Capital, led by ex-Valkyrie co-founder Steven McClurg, has filed for an Axelar ETF with the SEC. AXL token surged 20% after the Axelar ETF filing, with trading volume up 180%.
Asset Manager Canary Capital has filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tied to Axelar (AXL).
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.
Canary Capital filed an S-1 registration with the SEC on Wednesday for the right to launch an Axelar ETF, according to a filing.
Axelar also announced the appointment of former Acting Comptroller Brian Brooks to its newly formed Institutional Advisory Board.
Institutional and accredited investors will be able to take advantage of the private vehicle in the "blockchain interoperability" category.
Axelar is a Web3 interoperability network that lets developers tokenize real-world assets.
Canary Capital has launched the Canary AXL Trust for institutional investors to gain exposure to the Axelar native token, AXL, which jumped 12.5% after the news.
AXL's recent price slump shows no signs of easing, with on-chain metrics hinting at more pain ahead for the crypto asset. Axelar, a programmable blockchain interoperability platform with the ticker AXL, fell for three straight days to $0.
According to data from CoinMarketCap, XRP has a maximum supply of 100 billion tokens, with approximately 57 billion XRP circulating.
Ripple's Jasmine Cooper and Axelar's Sergey Gorbunov discuss advancements in real-world assets (RWAs), tokenization and interoperability.
Axelar crypto remains range-bound as whales trim exposure - What's next for its recovery?
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).
Axelar's MDS will facilitate asset transfers between TON and other blockchains, supporting the development of cross-chain decentralized applications.
Axelar's Interchain Amplifier and Mobius Development Stack can bring blockchain interoperability to TON's ecosystem.
Axelar's Interchain Amplifier and Mobius Development Stack can bring blockchain interoperability to TON's ecosystem.
With dozens of layer-1 blockchains on the market, communication between networks has become a significant pain point for the broader adoption of Web3-based applications.
Axelar has introduced the Mobius Development Stack, a technology designed to make building decentralized applications across different blockchains easier. The company's new infrastructure, announced in an Oct.
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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.
Web3 interoperability platform Axelar has launched the Mobius Development Stack (MDS) on its mainnet, describing it as “the first-and-only holistic interoperability platform.”
The integration of Axelar's MDS by major blockchains could significantly enhance web3's interoperability, fostering a more connected ecosystem. The post Sui, XRP Ledger, EigenLayer set to integrate Axelar's new Mobius Development Stack appeared first on Crypto Briefing.
Real World Assets (RWA) Tokenization is gaining traction in the crypto market. If you're an investor looking to diversify your portfolio or explore new opportunities, this analysis highlights some of the most promising RWA altcoins to consider in September.
