
Axelar
Founded Year
2020Stage
Series C | AliveTotal Raised
$84.58MLast Raised
$20.83M | 4 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+106 points in the past 30 days
About Axelar
Axelar is a Web3 interoperability platform that connects different blockchains within the blockchain technology sector. The company provides tools and services that enable developers to create applications that operate across multiple blockchains. Axelar's solutions cater to various sectors, including decentralized finance (DeFi), asset tokenization, and gaming. It was founded in 2020 and is based in Waterloo, Canada.
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Expert Collections containing Axelar
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Axelar is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,276 items
Blockchain
12,105 items
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Axelar Patents
Axelar has filed 4 patents.

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
10/7/2011 | 4/19/2016 | Metal halides, Phenols, Orthorhombic minerals, Cancer treatments, Aluminium minerals | Grant |
Application Date | 10/7/2011 |
---|---|
Grant Date | 4/19/2016 |
Title | |
Related Topics | Metal halides, Phenols, Orthorhombic minerals, Cancer treatments, Aluminium minerals |
Status | Grant |
Latest Axelar News
Jul 1, 2025
Day-one connectivity means wrapped XRP can now pop over to Polygon for a yield binge, dart back to Cosmos for IBC swaps, or settle on Avalanche (AVAX) for shites and giggle-nfts (no custom bridges, no Discord-link scams, no 16-step guides). Squid handles the click-and-go interface; Axelar's General Message Passing moves the bits; your transaction finally stops feeling like a hostage exchange. Why the rush? Ripple wants DeFi credibility without gutting its compliance swagger. The sidechain keeps XRP as the native gas token, retains XRPL's decade-tested validator set, and still posts sub-second blocks. Yet, it now speaks Solidity, so any DEX, money market, or derivatives protocol can redeploy with one line in the hardhat config. Institutional desks that already park stablecoins on XRPL can plug into EVM liquidity, while cowboys on Ethereum get a frictionless hop to a ledger banks actually read. Axelar brings the secret sauce: canonical wrapped assets and message verification baked at the protocol layer, not tacked on as an afterthought. That quells the usual nightmare of double-mint exploits and liquidity fragmentation. Early partners already lining up: Strobe for lending, Securd for collateralised leverage, Vertex (NASDAQ: VRTX ) for perpetuals, Blockscout for chain spelunking, and Goldsky for indexed data. Builders can call contracts on XRPL Mainnet from the sidechain without spawning yet another wallet-“multichain” finally behaves like a single product, not a marketing term. The bigger play is RWAs. Regulators like XRP's audit trail; funds want tokenised dollars that actually move; Axelar's pipes mean those dollars can now slosh anywhere capital efficiency demands. CTO David Schwartz calls it “EVM without breaking the Ledger.” Axelar's Georgios Vlachos calls it the launchpad for institutional stablecoins. Either way, the move shoves XRPL from niche remittance rail to full-stack liquidity venue overnight. If you're still waiting for an invitation to multichain DeFi, check your spam folder - Axelar just sent it. Also See: UMA Trains GPT To Admit Doubt This content is provided by Stocktwits Should you invest $2,000 in VRTX right now? With VRTX making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed VRTX alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including VRTX , could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is VRTX poised for similar growth? Don't miss the opportunity to find out. Reveal Undervalued Stocks Now
Axelar Frequently Asked Questions (FAQ)
When was Axelar founded?
Axelar was founded in 2020.
Where is Axelar's headquarters?
Axelar's headquarters is located at 200 University Avenue West, Waterloo.
What is Axelar's latest funding round?
Axelar's latest funding round is Series C.
How much did Axelar raise?
Axelar raised a total of $84.58M.
Who are the investors of Axelar?
Investors of Axelar include C2 Ventures, WAGMI Ventures, Arrington Capital, Electric Capital, Laser Digital and 34 more.
Who are Axelar's competitors?
Competitors of Axelar include Kima and 2 more.
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