Axelar's decentralized interoperability network complements Crypto.com's financial strategy

On November 23, the Axelar joint venture announced that it had received a good investment from Crypto.com Capital. In addition to Crypto.com Capital, recent Axelar ventures include other major investors including InformalSystemsInc, the co-founder of SushiSwap 0xMaki, Morningstar Ventures, Scytale Ventures and ZeroKnowledgeValidator, an undisclosed security. The funds will be used for the continued development of Axelar's core team and the integration of the blockchain ecosystem. Previously, Axelar completed Round A in July, raising $ 25 million, led by PolychainCapital.