Axelar (AXL) Partners with Deutsche Bank to Join Project Guardian
On May 15th, Deutsche Bank partnered with Interop Labs (the initial development team of Axelar Network) to join the "Guardian Project" sponsored by the Monetary Authority of Singapore, aimed at developing new standards for blockchain interoperability and asset tokenization.
Interop Labs CEO Sergey said, "Secure blockchain interoperability is a necessary condition for unlocking the trillion-dollar potential of asset tokenization, and Axelar is the key infrastructure adopted by institutions." Previously, Axelar had successfully experimented with using smart contracts to manage customer investment portfolios on Morgan Stanley's digital asset platforms Onyx and Apollo.
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
Bitcoin ETFs score highest net inflows in 30 days amid volatility from Mt. Gox unlocks
After two consecutive trading days of net outflows, US-based spot bitcoin ETFs on July 5 saw the largest net inflows since June 6, thirty days ago, largely led by gains to Fidelity’s FBTC fund, Coinglass data shows.“The outlook for Bitcoin has never been stronger,” Bitwise’s CEO posted on X.