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Canary Capital Launches Canary AXL Trust, Expanding Institutional Crypto Investment Products to Axelar Network Token
Source: Axelar
Canary Capital Group LLC (Canary Capital), a digital asset investment firm, announced today the launch of the Canary AXL Trust, a private investment tool designed for institutions and qualified investors. AXL is the native token powering the Axelar Network, supporting secure investment in the Axelar native token AXL. The trust is Canary's latest initiative to drive innovation in digital asset investment solutions and the first investment trust product focused on a general-purpose blockchain interoperability protocol. Additionally, the SEC has confirmed receiving Canary Capital's spot XRP ETF application and has also confirmed its Litecoin ETF application.
Canary Capital stated, "With the growing institutional demand for cryptocurrency investments, we are committed to providing structured, secure, and innovative investment tools to drive the future development trends of blockchain technology applications."
Following the successful launch of the Canary HBAR Trust, this product further solidifies Canary Capital's leading position in the industry, providing institutional investors with crypto investment opportunities beyond just Bitcoin and Ethereum. The Axelar Network has become a significant force in the Web3 interoperability space, aiming to build a decentralized network connecting global Web3 with financial infrastructure.
Steven McClurg, CEO of Canary Capital, said, "Axelar is driving advanced interoperability solutions for Web3, and we believe AXL will be a key asset for institutional investors positioning themselves in the next-generation blockchain infrastructure. With the growing institutional demand for cryptocurrency investments, we are committed to providing structured, secure, and innovative investment tools to drive the future development trends of blockchain technology applications."
The Canary AXL Trust is a private single-asset investment tool designed to hold Axelar's native token AXL, which provides decentralized security for a scalable blockchain interoperability network. The launch of this trust comes at a significant growth period for the Axelar Network. By 2024, Axelar has seen a 71% increase in active users, with a total trading volume of $100 billion, and has successfully partnered with major institutions including Apollo Global Management, Deutsche Bank, and JPMorgan Chase. As of early 2025, Axelar Network has soared to become the 11th largest blockchain globally by TVL calculation, surpassing $1 billion for the first time. Axelar is expected to further expand, connecting more Web3 ecosystems such as XRP Ledger, Hedera, Stellar, TON, Sui, Solana, and Bitcoin.
Canary Capital portfolio manager Josh Olszewicz stated, "As interoperability continues to shape the blockchain ecosystem, Axelar is becoming an indispensable infrastructure within the blockchain space. We believe in the long-term potential of Axelar's technology and its role in enabling seamless cross-chain interaction, making AXL a quality asset of interest to forward-thinking investors."
The Canary AXL Trust is only available to qualified investors, offering a direct investment opportunity in AXL. Canary Capital also provides other digital asset investment strategies, including customized hedge fund solutions for institutional clients. Additionally, Canary has appointed Coinbase as the custodian for this trust.
About Canary Capital
Canary Capital is an investment management company that combines rigorous risk management, strategic foresight, and innovative thinking to offer private strategies (such as crypto hedge fund solutions) focusing on enterprise technology.
Disclaimer: This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction. Any such offer or solicitation would be illegal in the jurisdiction where such offer or solicitation is not qualified. In any jurisdiction, the offer, solicitation, or sale of securities prior to registration or qualification under the securities laws of that jurisdiction is illegal.
This article is contributed content and does not represent the views of BlockBeats.
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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins
On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.
Revenue: Expected to be between $39 million and $41 million, reaching a new company high.
Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.
Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.
Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.
In 2025, DDC's core consumer food business maintained strong operational performance.
The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.
In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.
In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.
As of December 31, 2025: The company holds 1,183 BTC.
As of February 28, 2026: Holdings increased to 2,118 BTC
Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC
DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation
DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.
The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.
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