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Canary Capital Launches Axelar Trust for Institutional Investors

Axelar: Connecting Blockchains and Tokenizing Assets

Axelar is a Web3 network designed to improve blockchain interoperability, allowing developers to tokenize real-world assets like real estate, commodities, and intellectual property.

Canary Capital’s New Axelar Investment Fund

Digital asset investment firm Canary Capital has introduced an Axelar private investment fund, providing institutional investors direct access to AXL, Axelar’s native token.

Why Canary Capital Chose Axelar

  • Axelar’s interoperability stack, launched in October, enables decentralized applications to connect with multiple blockchains, including Solana, Stellar, and Sui.
  • The project has secured major institutional partnerships with Apollo Global Management, JPMorgan, and Deutsche Bank.
  • Canary Capital evaluates top 100 market cap protocols with strong developer teams and real-world application potential.

“Axelar qualifies as an interoperability leader, and we see demand for AXL among institutional investors,” said Steven McClurg, CEO of Canary Capital.

Institutional Interest in Crypto on the Rise

  • Increased regulatory clarity in the U.S. under President Donald Trump is driving more institutional interest in digital assets.
  • Trump’s executive order banning a central bank digital currency signals support for existing cryptocurrencies like Bitcoin and Ethereum.
  • Industry leaders recently met with Trump’s Crypto Task Force to discuss clearer regulations on exchange-traded products and protocol staking.

What do you think?

Written by temi

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