Axis Secures $5M Private Funding Led by Galaxy Ventures to Launch On-Chain Yield Protocol for Bitcoin, USD, and Gold

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According to COINOTAG News, on December 3 Axis closed a $5 million private funding round led by Galaxy Ventures, signaling external confidence in its strategic fintech initiatives.

The influx of capital will back the development of an on-chain yield protocol designed to offer exposure to the US dollar, Bitcoin, and gold, expanding crypto-native yield opportunities for institutions and traders alike.

The move aligns with a broader market push toward credible on-chain yield products, accompanied by transparent risk controls and governance practices.

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