Zenith is among the co-sponsors supporting IBC's contribution to @lfdecentralized, alongside individuals from Wells Fargo, Figure Markets, OpenZeppelin, Partior, Cardano Foundation, and other industry leaders.
Look at who's coming together around open blockchain interoperability.
Banks, public blockchain ecosystems, digital asset infrastructure providers, and security companies are backing an initiative that brings IBC under neutral Linux Foundation governance.
And for us, this goes beyond supporting an open standard. Zenith is actively working with the @cosmos team, with IBC already integrated into Zenith Testnet. This lays the groundwork for cross-chain communication and asset transfers between Zenith and IBC-connected networks, extending interoperability beyond the Canton ecosystem.
IBC has facilitated $50B+ in transaction volume across 200+ networks. Its move to neutral Linux Foundation governance opens the door to broader collaboration across financial institutions, blockchain ecosystems, and infrastructure providers.
As institutional finance expands across different execution environments, interoperability becomes increasingly important. We're excited to be contributing to that work both through industry collaboration and technical integration.
Zth.