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Blockchain Interoperability Network Axelar Raises $35M at $1B Valuation

Polychain Capital and Dragonfly Capital were among the investors in the company building a network to connect users, assets and decentralized applications across multiple blockchains.

Updated May 11, 2023, 3:59 p.m. Published Feb 15, 2022, 1:00 p.m.
Polychain Capital founder and CEO Olaf Carlson-Wee, one of the investors in Axelar's latest round (CoinDesk archives)
Polychain Capital founder and CEO Olaf Carlson-Wee, one of the investors in Axelar's latest round (CoinDesk archives)