What is the difference between Axelar and wrapped Axelar?

Could you elaborate on the key distinctions between Axelar and its wrapped version? As I understand, both involve cross-chain interoperability, but what sets them apart functionally and in terms of their use cases? Does wrapped Axelar serve as a tokenized representation of the native Axelar asset, allowing for increased liquidity and integration with other blockchains? I'm curious to know if there are any advantages or disadvantages associated with each, and how investors or developers might utilize one versus the other in their strategies.