Axelar enhances its cross-chain liquidity network in partnership with Cosmostation

Axelar, a decentralized interoperability network that connects blockchain ecosystems, applications, and users, today announced a new partnership with Cosmostation, an application provider and one of the genesis validator node operators and application developers in the Cosmos ecosystem.

Through this partnership, Cosmostation will work to secure the Axelar network and serve as a top-tier validator for the network. Cosmostation will also support Axelar on Cosmostation Mobile, Cosmostation Web Wallet, Keystation, and Mintscan Block Explorer.

“We’re excited to welcome Cosmostation as an official validator partner, as we believe that their history and involvement in the Cosmos ecosystem is a great asset to both the robustness of Axelar’s network and end-users. Cosmostation’s philosophy and the execution of their technology to date are impressive, making them an ideal candidate to be part of the Axelar ecosystem. This partnership will bring opportunities to scale and develop new apps on Axelar and we’re looking forward to what we’re going to be able to build as a result.”
– Sergey Gorbunov, Co-Founder & CEO of Axelar

Axelar’s interoperability protocol is decentralized, secure, adaptable, and designed to connect all blockchain ecosystems that speak different languages. The protocol enables developers to build on any blockchain platform while leveraging cross-chain liquidity and composability through the Axelar network.

The integration further fuels the scaling of the Axelar network by bringing experienced technical solutions to the validator ecosystem. By providing user-friendly applications and design, Cosmostation will be supporting Axelar on its range of products.

This announcement comes on the heels of a $25M Series A raise for Axelar, which was led by Polychain Capital. The funding was raised with the goal of scaling the network’s key integrations while expanding Axelar’s developer team amid a period of growth for the company.

Currently, Axelar Network is live in testnet, with a range of early adopters using Axelar’s technology stack including Polkadot, Terra, Avalanche, Polygon, Pangolin Exchange, and Keplr Wallet.

“We’re thrilled to work alongside Axelar Network as a validator node operator and end-user application provider. Axelar’s ecosystem is growing at a strong pace and we are looking forward to being a part of it. Through this partnership, Cosmostation will work towards a unified vision of enabling cross-chain liquidity across sovereign networks, helping to bootstrap its adoption with our expertise in node operation and application development.”
– David Park, Chief Marketing Officer at Cosmostation


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