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Brian Brooks to Join Axelar Foundation's Newly Formed Institutional Advisory Board

1. Axelar Foundation appoints Brian Brooks to Institutional Advisory Board. 2. Brooks’ expertise may enhance regulatory clarity and blockchain adoption.

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Why Bullish?

The appointment of Brian Brooks could signal increased institutional confidence and regulatory clarity, which can boost AXL's market position. Historically, similar appointments in blockchain and fintech have led to positive stock performance due to enhanced credibility and investor interest.

How important is it?

The leadership change at Axelar Foundation, especially with a figure like Brian Brooks, could be pivotal in navigating the complex regulatory landscape for blockchain, making it crucial for AXL's future and overall market performance.

Why Long Term?

While immediate effects may be minimal, Brooks’ influence on regulatory clarity can lead to sustained growth in interest and investment in blockchain technologies, which could benefit AXL significantly over time.

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NEW YORK--(BUSINESS WIRE)---- $AXL #axelar--Axelar Foundation today announces it has appointed Brian Brooks, a leader in advancing regulatory clarity and institutional adoption of blockchain technology, to its newly formed Institutional Advisory Board. Axelar Foundation is the nonprofit organization established to support growth and adoption of Axelar Network, a decentralized blockchain interoperability platform. "Digitization and tokenization of financial assets such as stablecoins and real-world assets is cri.

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