Axis Secures $5 Million Funding Round Led by Galaxy Ventures for On-Chain Yield Protocol

Axis has secured a $5 million funding round led by Galaxy Ventures, reflecting strong investor interest in the company’s on-chain yield protocol. The oversubscribed round highlights the potential of Axis’s platform to offer diversified asset yields and solidify its position within the DeFi space. The funding will support USD and Bitcoin yield products with plans for future gold integration. 5 million dollars was raised during a successful closed beta, demonstrating strong risk-adjusted returns.