Circle Signs Agreement to Acquire Interop Labs Team & IP
Interop Labs, the initial developer of Axelar Network, has entered into an agreement for the Interop Labs team and proprietary intellectual property to join Circle, a testament to the leading interoperability platform that the team helped to build.
Axelar Network, Foundation and the AXL token remain independent, open-source and community governed. As we look ahead to the next phase of growth and innovation for programmable, non-custodial interoperability, we thank Interop Labs for their contributions to date.
Common Prefix, another long-time contributor to the Axelar Network, will take a leading position in the Axelar developer community, assuming many of Interop Labs’ current activities, following closing. In addition to Axelar, Common Prefix has contributed significantly to a list of innovative protocols, including Build on Bitcoin, Sui, XRP Ledger and Zano.
Read the full announcement on the Axelar Foundation blog: https://medium.com/@axelar-foundation/circle-signs-agreement-to-acquire-interop-labs-team-intellectual-property-c3a945c57d1e
⚠️🚨 A mod account on the Axelar Discord server was acting under the control of a malicious actor. We've removed that account's access to the server and paused all posting while we continue to investigate. Please stay vigilant and remember: 👉 There are no legitimate public AXL sales, offerings or airdrops at this time.
Axelar co-founder @yorgosv_ joined @TaliaKaplan on CNBC to discuss the next major wave of onchain adoption.
“A dip can be an onboarding event, but it doesn’t happen by itself. You need a good reason for people to come onchain. Yield will be a key driver for that moment.”
The takeaway: sustainable yield and real utility will power the next phase of growth for the XRP ecosystem and beyond.
A new yield-bearing liquid staked token that kickstarts DeFi on XRPL and unlocks up to 10% APY for $XRP holders.
Powered by @Axelar and @MidasRWA
Two of the strongest teams in onchain finance have joined forces to kickstart DeFi on XRPL.Mo
👇 More about $mXRP 👇
🔸 A liquid staked, yield-bearing XRP token on XRPL 🔸 Issued by @MidasRWA under EU-approved prospectus 🔸 Delta neutral strategies deployed by trusted asset managers (ie. @hyperithm that evolve with market conditions to offer strong risk-adjusted XRP yield 🔸 Fully composable with DeFi (e.g. @AnodosFinance, @xpmarke or @StrobeFinance 🔸 Target up to 10% APY* denominated in XRP (*variable)
mXRP is going live, today. To learn more or get started earning yield on your idle XRP, check out the links below 👇
🔗 Read the announcement 🔗 Support on X 🔗 Mint mXRP now (XRPL EVM): Midas 🔗 Swap for mXRP now (XRPL mainnet): @AnodosFinance or @xpmarket
For any questions please join Axelar Discord server and refer to the mXRP section.
The Axelar Foundation and select ecosystem partners are currently undergoing internal token management as a part of a migration to a new custodian. As a result, you can expect to see unbonding of some AXL delegations and subsequent redelegation over the coming weeks.
Introducing Fullport - the Easiest Way to Deposit & Trade on Hyperliquid.
Built by Interop Labs and powered by Axelar's open interoperability stack, Fullport offers seamless, secure onboarding to the leading perp DEX - designed for Hyperliquid traders.
Why now? Hyperliquid is quickly becoming the go-to onchain trading venue. Fullport makes it easier to access routing funds from wherever they live into the markets that matter.
Fullport is live in invite-only private beta, but early testers will shape the roadmap.
That includes: - A native perpetuals trading interface (in limited jurisdictions) - Asset onboarding + token listings via Axelar ITS - Expanded rewards and incentives for active users
Want in? Apply to join the private beta Follow @FullportFinance for updates, rewards info and what’s next.
Let’s build the future of on-chain trading together!
💱 Global stablecoin regulations are evolving—especially for cross-border payments. Here’s how major frameworks stack up on key mandates: ✅ Expanded use ✅ Freeze/burn powers ✅ Reserve rules [Insert image] Issuers: know where things stand👇