Decentralized quantitative yield protocol Axis announces completion of $5 million seed round financing

Decentralized quantitative yield protocol Axis announced the completion of a $5 million seed round led by Galaxy Ventures, with participation from FalconX, OKX Ventures, CMT Digital, Maven 11, GSR, CMS Holdings, and Aave Chan Initiative founder Marc Zeller, among others. Axis has already attracted $100 million in preliminary LP capital for closed testing, which is being used to power its HFT cross-market arbitrage engine. Axis aims to build a multi-asset yield platform covering USD, Bitcoin, and gold. Its first product, USDx, will launch on Ethereum and Plasma, with the Origin Vault expected to open in Q1 2026, targeting up to $1 billion in deposits.

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