Latest news with #AxelarNetwork
Associated Press
10-06-2025
- Business
- Associated Press
Upbit Lists Axelar's AXL Token in AXL/KRW Trading Pair
SEOUL, South Korea--(BUSINESS WIRE)--Jun 10, 2025-- Upbit, a South Korean cryptocurrency exchange, announced the listing of AXL, the native token of Axelar Network, in an AXL/KRW trading pair, effective June 10, 2025. The listing is detailed in Upbit's official notice. In its opening hours, the AXL-KRW pair recorded trading volume of over $220 million, ranking as the third largest trading pair on Upbit by 24-hour volume, surpassing BTC/KRW and XRP/KRW pairs, per CoinGecko data. The AXL token supports Axelar's blockchain interoperability network, facilitating cross-chain communication and asset transfers. AXL is used for transaction fees and governance within the network, enabling developers to build applications that connect multiple blockchain ecosystems. About Axelar Axelar is a decentralized network and development platform securely connecting the world's blockchains and financial infrastructure. Its secure, programmable multichain product stack enables seamless interoperability across Web3—critical for the next wave of institutional-grade use cases. With backing from top-tier investors including Dragonfly, Polychain, Binance Labs and Coinbase Ventures, Axelar is enabling the next generation of financial infrastructure: from multichain stablecoins to tokenized real-world assets (RWAs), built with security, compliance and enterprise scale in mind. Learn more at About Axelar Foundation Axelar Foundation is a nonprofit established to support the growth and adoption of the Axelar Network, a decentralized interoperability platform securely connecting the world's blockchains and financial infrastructure.. Learn more at View source version on CONTACT: Media Karla Vilhelem PR Director, MarketWaves [email protected] (754) 215-4315 KEYWORD: ASIA PACIFIC SOUTH KOREA INDUSTRY KEYWORD: SOFTWARE NETWORKS PROFESSIONAL SERVICES PHILANTHROPY BLOCKCHAIN TECHNOLOGY DIGITAL CASH MANAGEMENT/DIGITAL ASSETS SECURITY CRYPTOCURRENCY WEB3 FINANCE OTHER PHILANTHROPY SOURCE: Axelar Foundation Copyright Business Wire 2025. PUB: 06/10/2025 05:12 PM/DISC: 06/10/2025 05:10 PM
Business Wire
10-06-2025
- Business
- Business Wire
Upbit Lists Axelar's AXL Token in AXL/KRW Trading Pair
SEOUL, South Korea--(BUSINESS WIRE)--Upbit, a South Korean cryptocurrency exchange, announced the listing of AXL, the native token of Axelar Network, in an AXL/KRW trading pair, effective June 10, 2025. The listing is detailed in Upbit's official notice. In its opening hours, the AXL-KRW pair recorded trading volume of over $220 million, ranking as the third largest trading pair on Upbit by 24-hour volume, surpassing BTC/KRW and XRP/KRW pairs, per CoinGecko data. The AXL token supports Axelar's blockchain interoperability network, facilitating cross-chain communication and asset transfers. AXL is used for transaction fees and governance within the network, enabling developers to build applications that connect multiple blockchain ecosystems. About Axelar Axelar is a decentralized network and development platform securely connecting the world's blockchains and financial infrastructure. Its secure, programmable multichain product stack enables seamless interoperability across Web3—critical for the next wave of institutional-grade use cases. With backing from top-tier investors including Dragonfly, Polychain, Binance Labs and Coinbase Ventures, Axelar is enabling the next generation of financial infrastructure: from multichain stablecoins to tokenized real-world assets (RWAs), built with security, compliance and enterprise scale in mind. Learn more at About Axelar Foundation Axelar Foundation is a nonprofit established to support the growth and adoption of the Axelar Network, a decentralized interoperability platform securely connecting the world's blockchains and financial infrastructure.. Learn more at
Business Mayor
23-04-2025
- Business
- Business Mayor
Filecoin to Be Integrated With Axelar
Filecoin and Axelar Network are collaborating to enable cross-chain storage and liquidity for the Filecoin Virtual Machine. Developers will be able to store, verify, and fund data on Filecoin from any connected chain using Axelar's General Message Passing. FIL Info Filecoin FILUSD is a decentralized storage system that aims to 'store humanity's most important information'. The project raised significant funds via an initial coin offering (ICO) in 2017. Filecoin is the digital token that is used as payment for storage or retrieval of data within the network. The network uses a unique proof-of-storage system where miners earn more by sharing more storage, and the data they store is constantly verified to ensure its correctness. Filecoin competes with centralized storage systems such as Amazon S3, and allows individuals to monetize their spare storage space on the network. READ SOURCE
Associated Press
08-04-2025
- Business
- Associated Press
XION and Axelar Integrate to Enhance Interoperability and Drive Web3 Adoption
Seamless connectivity with over 70 other ecosystems positions XION, a consumer apps blockchain, for widespread adoption NEW YORK, April 8, 2025 (Bitwire) -- XION, the first Layer 1 blockchain designed specifically for consumer adoption, has integrated with Axelar, a leading secure interchain communication protocol. This integration enables XION to connect natively with over 70 other blockchains. 'The XION blockchain is pioneering a consumer-oriented approach to blockchain-based application platforms,' said Georgios Vlachos, director at Axelar Foundation and co-founder of the Axelar protocol. 'By integrating with Axelar, everyone in Web3 can access a new generation of user-friendly apps – and XION is poised to offer its users unparalleled access to a multitude of blockchain ecosystems.' XION is a next-generation Layer 1 blockchain that simplifies Web3 interactions through its Generalized Abstraction infrastructure. This technology removes technical barriers such as wallet management, private keys, and gas fees, enabling users to engage with blockchain applications as effortlessly as traditional web apps. 'Integrating Axelar is an exciting milestone for the XION ecosystem, as it provides seamless interoperability and greater access. ,' said Burnt Banksy, founder of the XION blockchain. 'It aligns perfectly with XION's mission to abstract away the complexities of crypto and make Web3 accessible to everyone.' With the integration of Axelar, XION's interoperability extends to 70+ other ecosystems, allowing for seamless cross-chain communication. This expansion unlocks a variety of potential use cases, including: ● Decentralized Social Platforms: Facilitating secure identity management and content ownership across multiple blockchains. ● Global Commerce: Enabling borderless payments and programmable loyalty programs without the need to manage multiple wallets or currencies. ● Blockchain Gaming: Supporting interoperable in-game assets and cross-game progression, enhancing the gaming experience across different blockchain networks. By bridging XION with a diverse array of blockchains, the Axelar integration paves the way for innovative applications that can operate fluidly across ecosystems, driving forward the mainstream adoption of Web3 technologies. About Axelar Axelar is the Web3 interoperability platform, delivering the shortest path to scale: an open stack to connect all blockchains. Adopters include Uniswap, Microsoft and dozens of natively multichain startups with a combined total value locked (TVL) that has crossed $1 billion. Axelar supports a best-in-class developer stack on a cross-chain layer that is open, scalable and secure. Backers include Binance, Coinbase, Dragonfly, Galaxy and Polychain. Learn more: About Axelar Foundation Axelar Foundation is a nonprofit established to support the growth and adoption of the Axelar Network, a decentralized blockchain interoperability platform that connects multiple blockchain ecosystems. Learn more at About XION XION is the first Layer 1 blockchain purpose built for consumer apps, and focused on making Web3 accessible to all internet users. It achieves this by making crypto disappear through its Generalized Abstraction, simplifying complexities such as wallets, private keys, multi-device usage, gas fees, and more. By removing common Web3 friction points, XION accelerates the mainstream adoption of Web3 by making blockchain technology more accessible to users and developers. Media Contact Karla Vilhelem
