I have a dream. A crosschain dream. | Axelar Network on Binance Square

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I have a dream. A crosschain dream.

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An @ethereum FDN working group is reaching consensus on a messaging standard for interop. Axelar's @sergey_nog + @charrcobb joined a conversation about ERC-7786, a standard developed by @openzeppelin + Axelar contributor @interop_labs 👇 https://www.youtube.com/watch?v=PKLMRXjizbs

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Multiple asset versions create a bad UX. Instead of chain-specific assets, Axelar enables fungible native and chain-agnostic assets working as one.

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Institutions are recognizing that Tokenization represents a transformative opportunity: ▪︎ 24/7 market access ▪︎ Fractional ownership ▪︎ Enhanced liquidity for traditionally illiquid assets ▪︎ Programmable functionality that automates complex processes ➤ For investors, this means greater portfolio diversification and access to previously inaccessible asset classes. ➤ For markets, it promises increased efficiency and transparency through automated settlement and compliance. However, a critical challenge stands in the way of realizing this potential: → Market fragmentation... 🌐 The report by @bakermckenzie and @DeutscheBank emphasizes that "assets created on each blockchain tend not to be natively interoperable between different chains," creating siloed liquidity pools. The fragmentation significantly reduces market efficiency and prevents tokenized assets from functioning seamlessly. Axelar is recognized in the report as a "battle-tested" technical interoperability solution addressing this exact challenge. By providing the essential infrastructure that enables secure routing of transactions across different blockchain networks, the foundation needed to unlock tokenization's full promise is realized.

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Every blockchain is an island. Interop turns it into a network.

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Built for speed, scale and security.

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