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

BTC

BTC/USDT

$65,707.93

+0.32%

$65,707.93

+0.32%

(24s)

24h Volume

$23,298,561,101.23

24h H/L

$66,025.52 / $63,030.00

Change: $2,995.52 (4.75%)

Long/Short

70.9%

Long: 70.9%Short: 29.1%

Funding Rate

-0.0012%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

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▼ -0.91%

Volume (24h): -

Resistance Levels

Resistance 3$70,602.61

Resistance 2$68,166.32

Resistance 1$65,872.10

Price$65,274.58

Support 1$64,283.09

Support 2$62,510.28

Support 3$60,000.00

Pivot (PP):$64,776.70

Trend:Downtrend

RSI (14):37.3

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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