I don’t understand @circle s acquisition of Axelar. Circle already have native mint and burn with CCTP.
Why buy a cosmos bridging thingy?
Axelar is cross-VM, smart team, just made a few wrong market bets. Circle needs talent. This was most likely a fire sale / treasury takeover as is.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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