Circle Acquires Interop Labs for Cross-Chain Expansion
Update: 2025-12-16
Description
Circle Acquires Interop Labs, Boosts Cross-Chain Capabilities: Circle, a leading stablecoin issuer, has announced its acquisition of Interop Labs, a key contributor to the Axelar Network. This move aims to strengthen Circles cross-chain capabilities and support for multi-chain applications. The deal is expected to close in early 2026 and includes Interop Labs staff and intellectual property. Circle plans to integrate Interop Labs technology into its Arc blockchain and Cross-Chain Transfer Protocol. The Axelar Network and its foundation will remain independent, with Common Prefix taking over development duties. This acquisition is part of Circles strategy to enhance its offerings and improve interoperability in the digital asset space.
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