Axelar Foundation announces completion of $30 million token sale, Electric Capital and others participate in purchase

Odaily News The Axelar Foundation disclosed that it had completed a token sale worth $30 million, with several investors including Arrington Capital, Distributed Global, Electric Capital, Laser Digital, C² 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. (Theblock)