Circle Purchases Interop Labs Team, AXL Token Not Included

Circle's Acquisition of Interop Labs: Circle plans to acquire the Interop Labs team and its intellectual property by early 2026, while the Axelar Network and its AXL token will remain independent and unaffected by this deal.

Impact on Axelar Network: The acquisition is focused solely on the Interop Labs team, with Common Prefix taking over roles in the Axelar developer community, ensuring stability and continuity for the network and its investors.

Community Reactions: Reactions from the community have been mixed, with some expressing frustration over the exclusion of the AXL token from the acquisition, highlighting the importance of Axelar's independence to its supporters.

Future Monitoring: Market observers are expected to closely monitor any future developments related to regulatory, technological, or governance aspects of the acquisition, as the long-term strategic implications remain a topic of interest.