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Articles from Axelar

Deutsche Bank, Axelar and Memento Blockchain's DAMA 2 Litepaper Delivers an Institutional Blueprint for Asset Tokenization and Servicing on Ethereum L2
Deutsche Bank, Memento Blockchain and Axelar Network developer Interop Labs today published a litepaper describing the Digital Asset Management Access (DAMA) 2 project in detail. The paper provides a blueprint for a next-generation tokenization platform, built on public blockchains with regulatory alignment and privacy as core design principles.
By Axelar · Via Business Wire · June 17, 2025
OpenZeppelin and Axelar Introduce OpenBridge, Composable Crosschain Security for Onchain Applications
OpenZeppelin, the most trusted provider of open source standards for building secure blockchain applications, and Interop Labs, the initial developer of Axelar, a leading web3 interoperability platform, announced today the launch of OpenBridge, an open source framework for developers to integrate multiple interoperability protocols in a single message. OpenBridge is built on the ERC-7786 crosschain messaging standard, recently endorsed by the Ethereum Foundation's Interoperability Working Group.
By Axelar · Via Business Wire · June 13, 2025
Sui Integrates Axelar to Unleash Limitless Scale for Next-Generation Asset Issuers
Axelar today advances global blockchain interoperability with the mainnet integration of Sui, the blockchain built for mass adoption, to advance their shared vision of empowering asset issuers to deliver seamless UX at limitless scale. The integration comes as DeFi surges on Sui, with more than 1.4M daily active wallets powering over $11B in DEX volume over the last 30 days alone. Sui's connection via Axelar unlocks interoperability across all of crypto.
By Axelar · Via Business Wire · May 8, 2025
Axelar Connects Babylon Genesis’ BABY to Global Web3, Bringing Bitcoin Staking to 70+ Chains
The Babylon Genesis chain mainnet, which supports native Bitcoin (BTC) staking directly on the Bitcoin ledger, is now live with activated finality providers and BABY rewards for BTC stakers. Alongside these advancements, Babylon Genesis and Axelar, the leading Web3 interoperability platform, are integrating to provide a seamless bridge connecting the Babylon Genesis ecosystem and its native token, BABY, to the global network of Web3.
By Axelar · Via Business Wire · April 10, 2025
Ondo Finance and Axelar Integrate for Cross-Chain Tokenized Secure Notes
Ondo Finance, the leading issuer of tokenized secure notes and on-chain Treasuries, joins forces with Axelar, the leading Web3 interoperability platform, to introduce Ondo Bridge, an innovative cross-chain solution inspired by Circle’s Cross-Chain Transfer Protocol (CCTP). The Ondo Bridge simplifies the movement of Ondo Tokens such as the yield-bearing stablecoin USDY across blockchain networks for a seamless user experience.
By Axelar · Via Business Wire · November 13, 2023
Provenance Blockchain and Axelar Integrate for Global Access to Real-World Assets
Provenance Blockchain, the leading decentralized blockchain purpose-built for financial services with over $8 billion in real-world financial asset (RWA) total value locked (TVL), and Axelar, the leading Web3 interoperability platform, have integrated with the intent to better connect the financial ecosystem across blockchains. The strategic collaboration will also be announced today on stage at the Real-World Asset Summit in New York.
By Axelar · Via Business Wire · September 19, 2023
Axelar and Microsoft Partner for a More Integrated and Intelligent Web3
Axelar and Microsoft are partnering to further advance the adoption of blockchain technologies by building a data integration and interoperability layer that will deliver easier blockchain onramps for everyone, from enterprises to Web3 startups. By connecting isolated networks and simplifying complex integrations, the collaboration aims to unlock growth and innovation opportunities for developers and businesses.
By Axelar · Via Business Wire · July 11, 2023
Sommelier & Axelar Launch Multichain DeFi Expansion to Span Cosmos & Arbitrum One
Sommelier and Axelar announce an integration that combines the best of both worlds: a novel appchain from Cosmos veterans and the leading Ethereum Layer-2 in a DeFi application that spans ecosystems. Axelar is the first to offer General Message Passing (GMP) between Cosmos and EVM chains, and Sommelier will use GMP to run intelligent DeFi vaults, first on Arbitrum One and expanding to additional Layer-2 blockchains in the future.
By Axelar · Via Business Wire · May 2, 2023
Axelar Launches a Virtual Machine to Allow dApps to Run on Every Chain
ETHDenver BUIDLWeek — The world of Web3 development has gone multi-chain. Users want the ability to interact across multiple ecosystems, but for developers, building these experiences is painful and potentially risky. Using the wrong infrastructure can lead to billions in losses – and new technology is always developing under their feet.
By Axelar · Via Business Wire · February 27, 2023
Introducing the $60M Axelar Ecosystem Startup Funding Program
Axelar, delivering secure interchain communication across Web3, announces the $60 million Axelar Ecosystem Startup Funding Program. The program will accelerate the development of decentralized applications and protocols that can replace centralized exchanges, providing onramps to blockchain-based technology for millions of users.
By Axelar · Via Business Wire · December 19, 2022
Axelar & Polygon to Deliver Secure Cross-Chain Communication to Polygon Supernets
Axelar, the proof-of-stake blockchain that connects Web3 ecosystems, is partnering with Polygon to deliver secure cross-chain communication to Polygon Supernets as the core infrastructure for an interoperable internet of dedicated EVM blockchains powered by Polygon Edge. Once integrated with Axelar, each Supernet will be able to securely transfer assets to and from other Supernets and any other connected chain.
By Axelar · Via Business Wire · October 26, 2022
Axelar Works with Coinbase Cloud to Support Network Security with AXL Token Staking
Axelar announced today that Coinbase Cloud will provide its market-leading staking and validation services for AXL, the native token of the Axelar blockchain. Officially launched to the public on September 27, 2022, AXL powers the Axelar network with essential network security, decentralization, and longevity, and will drive sustained growth for Axelar’s ecosystem.
By Axelar · Via Business Wire · September 28, 2022
Axelar Partners with Mysten Labs to Bring General Message Passing to Sui Blockchain
Axelar, the proof-of-stake blockchain that connects Web3 ecosystems like Avalanche, Osmosis and Polkadot, is partnering with leading infrastructure company Mysten Labs, which recently raised a $300 million Series B investment round, to enable decentralized applications built on Mysten’s Sui blockchain to deliver cross-chain user experiences that span Web3 in a single click. The Axelar-Mysten partnership, by enabling secure General Message Passing and offering developers the ability to fully leverage the power of Sui’s Ethereum-compatible, chain agnostic multi-chain applications, significantly advances the prospect of a "super dApp" that will bring the next billion users to Web3. The announcement follows the release of Axelar’s $AXL utility token shared with holders today, which provides essential network security.
By Axelar · Via Business Wire · September 27, 2022
Axelar Adds Quadratic Voting to Bolster Cross-Chain Security
Axelar, the universal overlay network that has raised $64 million to deliver secure cross-chain communication for Web3 protocols such as Avalanche, Osmosis and Polkadot, announced that it will be one of the first Web3 protocols to introduce quadratic voting to further advance cross-chain security. By requiring progressively more tokens for each additional vote, quadratic voting combats the so-called “tyranny of the majority” and improves Axelar’s network security by boosting its decentralization. The implementation of quadratic voting is part of the project's recently completed mainnet upgrade, code-named Maeve (after the leading sci-fi TV series Westworld character) to add to the robust cross-chain interoperability infrastructure that Axelar provides as it grows and powers the cross-chain future.
By Axelar · Via Business Wire · September 6, 2022