Stablecoin-focused fintech giant Circle has moved to acquire Interop Labs, the development team powering Axelar. This deal marks a significant consolidation in the cross-chain interoperability space, bringing together Circle's blockchain infrastructure capabilities with Axelar's proven expertise in bridging multiple networks. The acquisition signals growing interest from major players in solving cross-chain communication challenges—a critical bottleneck as crypto users increasingly move assets between different blockchain ecosystems.

WAXL-7.44%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
StableBoivip
· 12-15 21:02
Circle is taking over Axelar? This seems like an attempt to monopolize cross-chain discourse... Will the assets in the wallet become illiquid? I'm a bit worried.
View OriginalReply0
GateUser-9ad11037vip
· 12-15 20:56
The team behind Circle's acquisition of Axelar? It seems that big moves are finally coming in the cross-chain space, but to be honest, is this kind of consolidation aimed at seeking a monopoly or truly solving problems? I need to observe further.
View OriginalReply0
BearMarketHustlervip
· 12-15 20:46
Circle's recent acquisition is quite aggressive, directly taking over the Axelar team... Cross-chain is indeed a bottleneck, whoever gets it done first wins.
View OriginalReply0
FloorSweepervip
· 12-15 20:42
circle's play here is textbook consolidation theater... they're buying the team but the real question is whether axelar's bridges actually matter when everyone's already routing through their preferred pools anyway ngl
Reply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)