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Canary Capital Launches AXL Trust, the First Trust to Offer Blockchain Interoperability Investments
02-19 22:08

Odaily News FOX Business reporter Eleanor Terrett shared in a post that Canary Capital launched the AXL (Axelar) Trust Fund, Canary AXL Trust, which will include the native token of the Axelar network and is the first investment trust to provide universal blockchain interoperability protocol investment.
- Axelar Protocol has become a leading cross-chain protocol and is working closely with Ripple to support interoperability of its stablecoin RLUSD.
- Axelar acts as a bridge between the XRP Ledger and the XRP Ledger EVM (Ethereum-compatible network).
- The Trust will provide institutional investors with exposure to blockchain interconnected technologies, connecting the Web3 ecosystem such as XRP Ledger, Hedera, Stellar, TON, Sui, Solana and Bitcoin.

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A Fidelity-linked wallet deposited 14,978 ETH into Coinbase
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Over the past 4 hours, the entire network has experienced a liquidation of over $100 million, mainly due to the collapse of long orders.
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