In an attempt to support web3 startups, Axelar, an interchain communication protocol, announced a $60 million funding campaign. This funding is backed by “crypto-native investment firms,” including Blockchange, Chorus One, Collab+Currency, Cygni Capital, dao5, DCVC, Divergence Ventures, Dragonfly Capital, Lemniscap, Morningstar Ventures, Nima Capital, Node Capital, North Island Ventures, Rockaway Blockchain Fund, and SCB 10X