The Axelar Foundation has announced a strategic AXL token sale worth $30 million. The foundation announced on Tuesday that multiple cryptocurrency investors participated in the token sale, including Arrington Capital, Distributed Global, Electric Capital, and others. A spokesperson for the foundation stated that these investments were made in the past few months. Part of the investment involves purchasing unlocked AXL tokens from the community project quota of the Axelar Foundation, which will be subject to a new lock period of 6 to 12 months. This means that Axelar Foundation is not the only seller in this transaction. The spokesperson refused to disclose the identities of other sellers. Other sellers may facilitate transactions through over-the-counter (OTC) trading, where investors acquire AXL tokens that are already in circulation. （The Block） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=39302