We have reached an agreement to bring the @interop_labs team (the initial development team of @axelar, a leading interoperability technology stack) into Circle to accelerate collaboration with @Arc and CCTP, ushering in the next chapter of multi-chain infrastructure. We look forward to welcoming our new member to the Circle family after the transaction is completed.
The Axelar network, foundation, and AXL token are not included in this acquisition; they will continue to operate independently under community governance, with network development led by @CommonPrefix.
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