Velo partners with Axelar and Squid to drive multi-chain integration for the Web3+ ecosystem
Velo has announced that Squid, powered by Axelar Network, has been integrated into the Universe platform, providing users with cross-chain interoperability. This enables users to easily navigate and trade between different blockchains, experiencing higher levels of accessibility and flexibility. Velo plans to connect liquidity through Squid, facilitating the exchange of USDV, and improving the overall liquidity and availability of the Velo Web3+ ecosystem.
In the future, Velo plans to deepen its collaboration with Axelar Network by integrating the Nova chain into the Axelar Network, providing a wider range of digital experiences.In addition, Velo's merchant payment solution, Orbit, will be upgraded through integration with Axelar GMP, allowing merchants to seamlessly accept payments across multiple blockchains.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BTC falls below $96,000
Over 55 million USD was liquidated in the past hour, mainly due to long orders
ETH falls below $3,400
Deutsche Bank predicts S&P 500 will reach 7,000 by the end of 2025