Microsoft Azure Transforms With Axelar: It's A Blockchain Party

Axelar (CRYPTO: AXL), a cross-chain protocol, has set its sights on developing a blockchain-driven tool designed to provide businesses and users easy access to decentralized applications (dapps) on Microsoft Corp.'s (NASDAQ: MSFT) Azure cloud platform. Quoting an Axelar representative, Coindesk reported the current marketplace offers limited avenues for developers and organizations interested in enabling seamless user interoperability across a variety of blockchain ecosystems.

Timeline of Axelar

Axelar, a cross-chain protocol, and tech giant Microsoft recently announced a partnership aimed at bridging public and private blockchains. The collaboration involves Axelar joining Microsoft's Azure marketplace, marking it as the first cross-chain protocol to be listed on the popular developer's online store.

Tech giant Microsoft has announced a partnership with Axelar, the cross-chain protocol, to connect public and private blockchains. As Microsoft and Axelar work together on AI and hybrid blockchain projects, the former's Azure Marketplace will feature Axelar's data integration and interoperability solutions for blockchains.

Microsoft is teaming up with Axelar to build a data integration and interoperability layer. The companies say they hope to help deliver blockchain onramps, and also indicated a desire to “further advance the adoption of blockchain technologies.

Uniswap recently disclosed its preferred choice for handling non-Ethereum deployments in its cross-chain bridging operations: Wormhole and Axelar. These selections are the result of a comprehensive analysis conducted by Uniswap's Bridge Assessment Committee, which evaluated a range of potential protocols.

Remember that Celo is a platform that serves as a global payment infrastructure for cryptocurrencies, targeting mobile users. In fact, Celo's goal is to make financial activity accessible to everyone globally by allowing payments to be sent to and from any phone number in the world.

In the culinary world, a sommelier is a trained and knowledgeable professional, adept in food and wine pairing. In the interchain landscape, asset management protocol Sommelier mixes and matches DeFi yield opportunities selected by independent strategists.

Great news for the crypto Axelar (AXL), a cross-chain integration protocol that helps developers create dApps. Enable transactions between different crypto networks within a platform.

Fantom (FTM) has been one of the best-performing tokens of 2023, pulling off a series of impressive gains in the last few weeks. Following the market crash in late 2022, FTM began the new year trading as low as $0.2007, representing a 94.19% decline from its all-time high value of $3.46.

The interchain communication protocol, Axelar, has announced a $60M funding program to drive innovation for web3 startups building during the bear market. The post New $60M web3 fund from Axelar offers close support from Circle, Polygon & exposure to top investors appeared first on CryptoSlate.

Top US-based crypto exchange platform Coinbase is adding a little-known altcoin to its listing roadmap in anticipation of a future listing. Coinbase announced via Twitter on Wednesday that Axelar (AXL) is now officially being considered by the exchange for trading services.