Axelar

Decentralized cross-chain communication network

Details

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.

Significant Events

2022-02-15

Axelar raised $ 35 M in Series B round

2021-11-22

Axelar completed in strategic financing

2021-07-15

Axelar raised $ 25 M in Series A round

2020-11-13

Axelar raised $ 3.75 M in Seed round

Investments

Name
Round
Amount
Valuation
Date
Seed $ 7 M --
Mar 09
Seed $ 3.5 M --
Jan 31
  • 1
Total 2 Go to