Axelar (AXL) Rejoins Project Guardian in Partnership with Deutsche Bank
On May 15th, according to CryptoSlate, Deutsche Bank partnered with Interop Labs (the initial development team of Axelar Network) to join Project Guardian, sponsored by the Monetary Authority of Singapore, aimed at establishing new standards for blockchain interoperability and asset tokenization.Interop Labs CEO Sergey stated, "Secure blockchain interoperability is a necessary condition for unlocking the trillion-dollar potential of asset tokenization, and Axelar is a key infrastructure adopted by institutions."Previously, Axelar had collaborated with Onyx and Apollo, digital asset platforms under J.P. Morgan, to successfully experiment with how to use smart contracts to manage customer investment portfolios on a large scale.
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