Axelar completed proof-of-concept with Onyx and Apollo, a subsidiary of JPMorgan Chase, to implement RWA automated portfolio management

Cross-chain infrastructure protocol Axelar announced that it has completed a conceptual verification with Morgan Stanley's digital asset platform Onyx and Apollo to use smart contracts to manage large-scale client investment portfolios.In this conceptual verification, blockchain">blockchain technology is applied to execute transactions and realize automatic investment portfolio management of tokenized financial assets (RWA).
Axelar's cross-chain infrastructure protocol connects value and communication to more than 50 blockchains in Web3 through a secure, programmable network and existing hybrid systems to integrate off-chain systems through on-chain networks. Axelar (AXL) is an interoperable cross-chain infrastructure for tokenizing emerging mixed reality world assets (RWA) and the DeFi field.