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

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

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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