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.

Sunny Aggarwal, Co-Founder of Osmosis, believes THORChain's liquidity issues mirror the 2022 Terra Luna collapse. THORChain, a decentralized cross-chain liquidity protocol, has paused its network operations due to a significant debt crisis amounting to nearly $200 million.

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.

In an interview with Cryptonews.com, Sunny Aggarwal, co-founder of Osmosis, shared his insights on the Cosmos ecosystem and more! The post Sunny Aggarwal on the Cosmos Ecosystem, Osmosis DEX, and Bitcoin-Based DeFi | Ep. 382 appeared first on Cryptonews.

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.

Piero Coen, co-founder and CEO of Osmo, a Latam-focused bitcoin and lightning network wallet, has announced that they are now bringing their full suite of financial services for customers in Costa Rica. Costa Ricans can top up their wallet using Sinpemovil, a quick cellphone-linked fiat payment method, debit and credit cards.

Osmosis is partnering with ICP-built Omnity network in order to provide a service for bridging non-custodial BTC into Cosmos.

Bitcoin has once again surged above $60k causing the entire cryptocurrency market to turn bullish with tokens like Orchid (OXT), Osmosis (OSMO), Peercoin (PPC), and Pendle (PENDLE) causing a buzz due to their price performance.

TL;DR Osmosis launches Polaris, a “token portal” that simplifies cross-chain trading through a single interface, addressing fragmentation in DeFi. Polaris will allow users to operate with tokens from various networks, such as Ethereum and Solana, without the need for multiple wallets or bridges.

The team behind the Cosmos-based decentralized exchange (DEX) Osmosis said it is preparing to launch a new project called Polaris that they've been developing in stealth.

Osmosis, the leading interchain decentralized exchange (DEX) and DeFi hub on Cosmos has unveiled plans for a new product called Polaris, described as a “Token Portal” designed to address fragmentation issues in the digital assets ecosystem.

Osmosis has introduced the Polaris portal, a solution to the fragmentation that crypto users face across decentralized finance. With crypto's increasing popularity, the number of different blockchains and their associated ecosystems has surged.

Polaris is described as a "token portal" aimed at solving one of decentralized finance's biggest challenges: fragmented user experience.

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.

Explore the top 5 Real World Asset tokens with 100% profit potential amid market volatility. Discover why Avalanche, Maker, Ondo, MANTRA, and Axelar are must-watch coins for the next two months.

Following a successful DAO vote with 99.6% approval, Nomic, which offers a decentralized, non-custodial Bitcoin bridge to IBC-enabled chains like Osmosis, aims to enhance Bitcoin liquidity on the Osmosis platform. This proposal involves waiving Bitcoin bridging fees for transactions originating or terminating on Osmosis.

Osmosis Decentralized Autonomous Organization (DAO) is unanimously supporting a proposal to adopt a revenue share proposal that enables a zero-fee Bitcoin bridge to the Cosmos ecosystem via Nomic. The proposal has received overwhelming community support, with about 92% of DAO members favoring the zero-fee upgrade.

Osmosis DAO is likely to adopt a fee-free Bitcoin Bridge, pending determination, as the ballot is still open.

TL;DR Osmosis DAO is on the verge of approving a ‘fee-free' Bitcoin bridge to enhance liquidity within the Cosmos ecosystem. The proposal has strong backing with 91.7% community votes in favor, aiming to eliminate Bitcoin bridge fees through Nomic.

If approved, the upgrade would mean bitcoin can move more freely into the Cosmos ecosystem, potentially bringing in new liquidity.

Osmosis is achieving this through a revenue-share proposal with Bitcoin bridge Nomic.

Ripple (XRP) introduces XRPL EVM Sidechain with Axelar Bridge to enhance interoperability and streamline asset transfers.

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.

Ripple's XRP Ledger has announced a new collaboration effort with Axelar, a programmable blockchain interoperability platform. AXL price surged on Wednesday as Ripple will use Axelar as the exclusive bridge for its XRPL EVM sidechain.

RippleX, the development wing of Ripple Labs, has unveiled a major update to the XRPL EVM sidechain, facilitating Ethereum Virtual Machine (EVM) compatibility with the XRP Ledger (XRPL). This major development is set to enhance interoperability and open up new avenues for decentralized finance (DeFi) and real-world asset (RWA) tokenization on XRPL.

Ripple announced it will use Axelar as primary bridge protocol for its upcoming EVM-compatible sidechain: XRPL EVM Sidechain.

Fireblocks integrates with Cosmos, leveraging Osmosis to enhance DeFi functionalities.

Axelar unveils a new product to make plugging into the Axelar network easier.