Circle to acquire Interop Labs team and IP as Axelar remains independent

"Circle's acquisition of Interop Labs indicates a notable advancement in crosschain infrastructure within the digital asset market. This move could promote technological progress, leading to the broader adoption of multichain applications. However, Axelar's decision to remain independent may alter the competitive landscape. The market will likely continue to monitor these developments closely. If Circle successfully integrates with Interop Labs, we might see other companies pursuing similar strategic acquisitions, potentially benefiting the industry as a whole. However, risks are inherent in the integration process and market acceptance, necessitating careful observation."