Axelar Foundation Selects Crypto.com for Secure Institutional Custody of AXL Tokens

September 5, 2025 – Crypto.com today announced a strategic partnership with Axelar Foundation to provide secure custody support for AXL, the native token of the Axelar Network. The collaboration will enhance Axelar Foundation’s treasury management and deliver institutional-grade custody, supporting assets reserved for validator incentives, ecosystem grants, and network operations.

Through this integration, Axelar Foundation will manage AXL holdings using Crypto.com Custody’s secure infrastructure. The platform enables streamlined workflows for staking, funding, and reserve management, while supporting the growth of Axelar’s cross-chain ecosystem with robust security and compliance controls.

Crypto.com Custody offers custody services to eligible institutions and high-net-worth clients through a comprehensive, end-to-end solution with safety and security at its core.

“Institutional custody is a critical component of any digital asset strategy,” said Eric Anziani, President and Chief Operating Officer of Crypto.com. “We’re honored to support Axelar with secure infrastructure that meets the highest standards of compliance and operational integrity.”

Axelar is the gateway to onchain finance, connecting blockchains and financial institutions for tokenization, trading, and yield. AXL, the network’s native token, secures new blockchain connections and sustains validator incentives through a non-inflationary model. As adoption grows, AXL aligns network security and liquidity consolidation, supporting Axelar’s role as trusted infrastructure for institutional-grade finance.

“Institutions need infrastructure that makes tokenization, trading, and yield seamless across blockchains,” said Georgios Vlachos, director at Axelar Foundation and co-founder of the Axelar protocol. “Axelar shortens time to market with a scalable and configurable platform, so institutions can capture opportunities across global markets as they emerge. We are pleased to work with Crypto.com on custody that supports Axelar and onchain finance.”

Interested clients can submit contact requests at crypto.com/custody. If you’re interested in partnering with Crypto.com, reach out to [email protected].

About Crypto.com

Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.

Learn more at https://crypto.com.

About Axelar

Axelar is the Gateway to Onchain Finance, a decentralized network and development platform securely connecting the world's blockchains and financial institutions. Its programmable technology stack enables seamless tokenization, yield and trading products—critical for the next wave of institutional-grade use cases.

With partnerships from top-tier institutions including Deutsche Bank, Mastercard, and Kinexys by J.P. Morgan, Axelar is developing the next generation of financial infrastructure: from global stablecoins to tokenized funds, built with security, compliance, and enterprise scale in mind.

Learn more at https://www.axelar.network.