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Axelar is a decentralized interoperability network that connects the blockchain ecosystem, applications, and users. Today, it announced a new partnership with Cosmostation. Cosmostation is an application provider and a verification of the creation of the Cosmos ecosystem. One of the node operators and application developers.
Through this partnership, Cosmostation will work to protect the Axelar network and act as the top validator of the network. Cosmostation will also support Axelar on Cosmostation Mobile, Cosmostation Web Wallet, Keystation and Mintscan Block Explorer.
“We are very happy to welcome Cosmostation as an official validator partner, because we believe that their history and participation in the Cosmos ecosystem are important assets for the robustness of the Axelar network and end users. So far, the implementation of Cosmostation’s philosophy and technology has been impressive , Making them ideal candidates to be part of the Axelar ecosystem. This partnership will bring opportunities to expand and develop new applications on Axelar, and we look forward to the results we can build.”
– Sergey Gorbunov, co-founder and CEO of Axelar
Axelar’s interoperability protocol is decentralized, secure, and adaptable, and aims to connect all blockchain ecosystems that use different languages. The agreement enables developers to build on any blockchain platform while taking advantage of cross-chain liquidity and composability through the Axelar network.
The integration further promotes the expansion of the Axelar network by bringing experienced technical solutions to the validator ecosystem. By providing user-friendly applications and designs, Cosmostation will support Axelar’s product line.
This announcement is on Axelar received US$25 million in Series A financing, Led by Polychain Capital. The purpose of raising funds is to expand the key integration of the network and at the same time expand Axelar’s development team as the company grows.
Currently, Axelar Network has been launched on the testnet, and a series of early adopters use Axelar’s technology stack, including Polkadot, Terra, Avalanche, Polygon, Pangolin Exchange and Keplr Wallet.
“We are very happy to work with Axelar Network as a verification node operator and end-user application provider. Axelar’s ecosystem is developing at a strong rate and we look forward to being a part of it. Through this partnership, Cosmostation will Committed to achieving a unified vision of cross-sovereign network and cross-chain liquidity, and helping to use our expertise in node operations and application development to guide its adoption.”
– David Park, Chief Marketing Officer, Cosmostation
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