According to Foresight News, the universal interoperability platform Axelar Network has launched the Axelar Virtual Machine (VM), which allows developers to build DApps once and run them on all chains. The Axelar Virtual Machine includes two products: Interchain Amplifier, which can be connected to any chain at will; and Interchain Maestro, which automates complex tasks by orchestrating multi-chain dApp management.

In addition, Axelar will launch a $5 million developer grant program to advance the use of the Axelar virtual machine and expand cross-chain.