Share this article

Cross-Chain Protocol Axelar to Develop Web3 Services With Microsoft Azure

Axelar said further plans with Microsoft include connecting private and public blockchains that use OpenAI services to create Web3 products.

Updated Jul 11, 2023, 1:00 p.m. Published Jul 11, 2023, 1:00 p.m.
(Shutterstock)
(Shutterstock)

Cross-chain protocol Axelar plans to build a blockchain-based tool that will allow businesses and users to easily connect with decentralized applications (dapps) across Microsoft's Azure cloud platform, the firms told CoinDesk.

The current market offers limited options for developers and organizations who want to enable one-click user interoperability across multiple blockchain ecosystems, an Axelar representative said in a Telegram message.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the The Protocol Newsletter today. See all newsletters

Once implemented, developers will be able to use Azure to access to an Axelar-based blockchain tool that connects dapps to networks, services and developer tools via the AxelarJS software library. That will allow them to automate multichain deployments for Web3 products, and the Axelar General Message Passing (GMP), which enables developers to integrate applications independent of blockchains or databases that host them.

Axelar said further plans with Microsoft include connecting private and public blockchains that use OpenAI services to create Web3 products.

Axelar’s AXL tokens traded at 35 cents in European morning hours on Tuesday.

Más para ti

Protocol Research: GoPlus Security

GP Basic Image

Lo que debes saber:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

Más para ti

NFT Project Pudgy Penguins Takes Over Las Vegas Sphere in Holiday Campaign

Pudgy Penguins NFT are on a holiday rally. (Screenshot)

The NFT brand’s animated segments will air on the Sphere across Christmas week, signaling the crypto company's move into real-world consumer markets.

Lo que debes saber:

  • Pudgy Penguins will run an ad campaign at the Las Vegas Sphere during Christmas week, one of the few crypto brands to secure a spot at the high-profile venue.
  • The NFT project, which launched on Ethereum in 2021, has expanded into physical toys and digital gaming as part of a broader consumer push.
  • Pudgy Penguins briefly overtook Bored Apes in floor price earlier this year and recently launched its PENGU token on Solana, now trading on major exchanges.