Axal reports that DeFi lending quietly rebounded to $26.1 billion in August with a 30% increase from June.
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Market pulse from Axal: US debt just topped $40T, and BlackRock's Robbie Mitchnick says that both bitcoin and gold are trading like hedges against fiscal uncertainty: go…
Company
Axal
The world's wealth app - 6-10% APY on Dollars, trade Bitcoin, and physical Gold. Backed by a16z crypto & CMT Digital.
- Industry
- Technology, Information and Internet
- Location
- New York, US
- Company size
- 11–50 employees
About Axal
Axal (https://axal.com/linkedin) is the world's most powerful wealth app. Put your money to work with best in class yield on proven assets: 6-10% APY on dollars, yield on Bitcoin, and secure, physical gold bars. Harvard, U.S. Army, ex-AWS, TikTok, OKX, Fidelity, SIG team. Partnered with Circle, Coinbase, MoonPay, Alchemy, and Privy. Backed by a16z CSX, CMT Digital, Ivan Soto-Wright, and top investors.
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Latest activity from Axal
4 signals
Capital & Finance
Axal reports that BlackRock's Robbie Mitchnick notes that gold is trading at $4,432 per ounce with a 31% year-over-year increase, and bitcoin is trading at $78K with a cooling after its strongest 3-day rally since 2023.
Capital & Finance
Axal reports that US debt just topped $40 trillion.
Capital & Finance
Axal reports that USDC rates sit at a cool 4.5% median on Aave/Compound.
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