Axel, an AI-powered automation platform, discusses its journey from hackathon project to A16Z-backed startup, its expansion onto Stellar through the Kickstarter program, and plans to bring verifiable agent-powered automations for yield and portfolio management to underserved users.
Ash from Axel shares the project's evolution from a personal treasury management tool built at hackathons to a full automation platform focused on verifiable agents. After going through A16Z's crypto startup school, Axel pivoted toward broader automation use cases. The team recently completed Stellar's Kickstarter onboarding program to integrate with the ecosystem, recognizing Stellar's underserved user base outside the EVM-dominant landscape. Axel is building two main products: Autopilot for non-custodial portfolio management with custom indices, and an automated yield product for stablecoin holders. The company plans to leverage Stellar's infrastructure and partnerships like Privy to bring these automations to emerging markets and everyday users, with a focus on making Stellar the best place to park idle cash through yield strategies.
