Axal, a verifiable autonomous proxy network, announced the completion of a $2.5 million Pre-Seed round of financing, led by CMT Digital, with participation from a16z Crypto Startup School, Escape Velocity, IDG Vietnam, Artichoke Capital, Trident Digital, Blockchain Builders Fund, Blockhunters Group, Echo and Mentat Group, as well as angel investors such as Rushi Manche, Darius Rugys and Comfy Capital. As part of the Movement Labs Move Collective accelerator program, Axal plans to be deployed on the Movement main chain at launch and will support Movement DeFi applications such as Meridian and Echelon through verifiable proxies. (TheBlock)