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

BTC

BTC/USDT

$68,506.17

-2.79%

$68,506.17

-2.79%

(24s)

24h Volume

$13,784,700,649.61

24h H/L

$70,516.82 / $68,110.55

Change: $2,406.27 (3.53%)

Long/Short

63.9%

Long: 63.9%Short: 36.1%

Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

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Resistance 2$70,811.58

Resistance 1$68,867.82

Price$68,506.17

Support 1$68,115.84

Support 2$65,637.54

Support 3$62,909.86

Pivot (PP):$68,735.17

Trend:Downtrend

RSI (14):44.9

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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