Axelar provides secure cross-chain communication. This means that dApp users can interact with any asset, any application on any chain with one click. You can think of it as the Stripe of Web3. Developers interact with simple APIs on a permissionless network that routes messages and secures the network through proof-of-stake consensus.

Axelar has raised capital from top investors including Binance, Coinbase, Dragonfly Capital and Polychain Capital. Partners include major proof-of-stake blockchains such as Avalanche, Cosmos, Ethereum, Polkadot, and more. Axelar's team includes distributed systems/cryptography experts and MIT/Google/Consensys alumni; co-founders Sergey Gorbunov and Georgios Vlachos are founding team members of Algorand.