Axelar Foundation Reveals Completion of $30 million Token Sale

The Axelar Foundation announced the completion of a $30 million token sale, with several investors including Arrington Capital, Distributed Global, Electric Capital, Laser Digital, C ² Ventures, Plassa Capital, and Wagmi Ventures participating in the purchase. It is reported that the Axelar Foundation plans to expand the use of the US dollar through stablecoins and support the institutional tokenization of real-world assets (RWA) through its interoperability protocol.