Parasail and Axelar have reached a strategic integration, and launched the first DePIN cross-chain staking function.

News on November 8th, DePIN infrastructure Parasail has strategically integrated with the general interoperability platform Axelar and launched the first DePIN cross-chain staking function. This aims to provide users with a more convenient DePIN staking experience through Axelar's Interchain Token Service and SquidRouter, while also unlocking new opportunities for DePIN tokens in multi-chain ecosystems. Through this integration, Parasail will support users in executing token transactions and cross-chain staking in mainstream blockchain networks without needing to hold native DePIN tokens or hardware resources.