Founded Year

2020

Stage

Series C | Alive

Total Raised

$84.58M

Last Raised

$20.83M | 1 mo ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+97 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.

Headquarters Location

200 University Avenue West

Waterloo, Ontario, N2L 3G1,

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.

U

Unicorns- Billion Dollar Startups

1,270 items

B

Blockchain

11,890 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.

patents chart

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

Crypto Market Financing Reaches $2.88 Billion in March 2025 – Coincu

Apr 2, 2025

Led by CeFi with significant institutional backing. Crypto financing reached $2.883 billion in March 2025, significantly up from February's $967 million. A notable transformation highlights substantial capital influx into the market amid fewer financing deals. The sharp increase in funding signals renewed interest and confidence from institutional investors, potentially setting the stage for further industry growth. March 2025 Sees CeFi Dominance with $2.88B Investment Boost In March 2025, the crypto sector saw a surge in financing activity, amounting to $2.883 billion , a significant rise from the previous month's $967 million . This increase reflects heightened investor interest, primarily in Centralized Finance (CeFi) projects. Among the leading figures, Binance made a notable contribution with a $2 billion investment. Changpeng Zhao, CEO of Binance, stated, “The surge in CeFi funding demonstrates our commitment to building a robust financial ecosystem for cryptocurrency users.” CeFi ‘s dominance marked a significant change, accounting for a 14.9% market share , while DeFi represented . This funding uptick suggests a robust future for infrastructure and interoperability projects. Key players such as Axelar, Flowdesk, and Across Protocol lead with strategic focuses. Investor reactions highlight growing confidence in the crypto ecosystem. However, no direct statements were found from major leaders. Nonetheless, the overall sentiment remains positive, backed by strategic investments and a supportive regulatory environment. Funding Surge Sparks Discussion on Future Growth and Regulation Did you know? The March 2025 funding surge marked over double the amount secured in February, showcasing investor confidence reminiscent of pre-2022 market optimism. According to CoinMarketCap, Axelar's AXL token currently trades at , with a market cap of $335.17 million. Its trading volume dropped over the past day, and its price has fallen over the last quarter. Recent trends suggest increased volatility in its trading activity. Axelar(AXL), daily chart, screenshot on CoinMarketCap at 06:56 UTC on April 2, 2025. Source: CoinMarketCap Coincu researchers highlight that the financing surge may lead to technological advancements and potential regulatory shifts. The significant institutional backing could also signal a shift towards more mature investment strategies , supporting overall market stability and growth. Source: https://coincu.com/329954-crypto-market-financing-march-2025/

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 Distributed Global, Electric Capital, Arrington Capital, WAGMI Ventures, Laser Digital and 34 more.

  • Who are Axelar's competitors?

    Competitors of Axelar include Kima and 2 more.

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