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Axiym surpasses $132 million in volume

In this post:

  • Axiym, a global cross-border financial platform, recently surpassed $132 million in volume.
  • The firm said the milestone cements its position as a leading infrastructure provider for money service businesses (MBSs).
  • The Avalanche-powered platform integrates with traditional payment ecosystems to provide freed-up capital and reduced FX exposure.

Financial platform for global cross-border payments Axiym announced on April 24 that it recently surpassed $132 million in volume. The Avalanche-powered platform argued that the milestone will enable global payment flows without the capital constraints of traditional pre-funding.

The firm’s CEO, Khibar Rassul, noted that pre-funding had haunted MSBs since their inception, but Axiym was changing the game. He said that the company unlocks capital previously trapped in pre-funding, enabling MSBs to operate in real time. Rassul also believes that the company hitting $132 million in volume on Avalanche is just the start.

Axiym surpasses $132 million in volume

Axiym global cross-border payment platform, revealed today that it recently surpassed $132 million in volume. The company acknowledged that the milestone cements its position as a leading infrastructure provider for money service businesses (MSBs). The Avalanche-powered firm also added that its milestone will allow global payment flows, eliminating the capital constraints of traditional pre-funding.

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The payment platform said it offers MSBs a seamless experience on the front end while leveraging stablecoins and blockchain rails in the back end. Axiym argued that the model combines the efficiency of blockchain-based atomic value transfer and settlement with the accessibility and simplified UX of modern financial platforms.

The firm highlighted that at the heart of its platform is a global liquidity engine running on Avalanche and powered by proprietary InterFi technology. Axiym noted that it will enable native integration with traditional payment ecosystems. 

The company also believes that it will deliver real-time financing precisely where cross-border payments already occur. The firm said that the outcome will include freed-up capital, reduced FX exposure, and increased operational agility for MSBs.

Axiym rewires global payments on Avalanche

Axiym acknowledged that its AI agent, Cerberus, powers dynamic, real-time credit risk assessments. The firm said Cerberus will allow it to finance payments securely and intelligently, at the speed required in modern finance.

“Cross-border payments are one of the most capital-inefficient processes in finance today. Pre-funding has haunted MSBs since their inception, we’re changing the game, unlocking capital previously trapped in pre-funding and enabling MSBs to operate in real time. Hitting $132 million in volume on Avalanche is just the beginning.”

-Khibar Rassul, Co-Founder and CEO of Axiym.

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Andy Leons, Head of Sales at Freemarket, said that the company’s integration with Axiym will enable Freemarket clients to seamlessly access real-time liquidity. He stated that by removing the burden of pre-funding, “this partnership enhances our client’s ability to move faster and scale globally., while also driving more volume and payment activity through our platform.” Leons also argued that the collaboration of both firms was a meaningful differentiator for Freemarket and “a powerful value-add for our network.” 

Chief Business Officer at Ava Labs John Nahas acknowledged that Axiym marks a leap forward in real-world blockchain adoption. He argued that Axiym was a clear example of a blockchain quietly powering global financial applications, and delivering efficiency behind the scenes without compromising speed or user experience. 

Nahas also added that Avalanche’s institutional-grade infrastructure ensures that platforms like Axiym can operate with the predictability, scalability, and reliability modern financial systems require “to take them to the next level.” The global financial platform mentioned that the growing ecosystem of partners and its upcoming expansion of its platform through its crypto-native counterpart, Trensi, will position itself as a category-defining leader in global payments infrastructure. 

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