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Axelar

AXL

  • Cross-chain Bridge
  • Cross-Chain Communication
  • Infra
Established Year
2020
Headquarter
United States
Operating Status
Active
Ecosystem
EthereumBNB ChainPolygonAvalancheFantomAuroraCeloKavaMoonriverSei NetworkBase
Axelar is a decentralized cross-chain communication network, aiming to level-up interoperability in Web3 by connecting heterogeneous blockchains and enabling asset mobility and program composability in an optimized way for both builders and end-users. The two layers of Axelar are the network and the API above it. At the core of Axelar is a permissionless overlay network that provides Turing-complete cross-chain communication through proof-of-stake and permissionless protocols. On top of the network are APIs and protocols, an application-development layer that developers use to compose across any number of chains. Once integrated, all new interconnected blockchains become interoperable with the application, resulting in limitless network effects.

Organisation

Financial Portfolio

Funding

Investment

Midas
Midas
Seed
$8.75 M
D8X
D8X
Pre-Seed
$1.5 M
Cubist
Cubist
Seed
$7 M
Squid
Squid
Seed
$3.5 M