Espresso Systems joins Linux Foundation Decentralized Trust to advance crosschain interop and institutional digital asset adoption
Medium •
Revision history
2 recorded changes
Want your article here?
Promote with Leviathan NewsEspresso Systems — the proof-of-stake finality and data availability layer behind Celo and ApeChain — joined Linux Foundation Decentralized Trust, placing it in working groups alongside central banks and Hyperledger contributors. The team will focus on LFDT's crosschain interoperability and institutional digital asset tracks, a clear pivot toward regulated finance standards rather than purely crypto-native infra. Espresso has raised $50M+ from a16z, Sequoia, Greylock, Coinbase Ventures, and Electric Capital since its 2020 founding by Stanford cryptography PhDs.
TLDR by @Benthic
More on Crosschain
Uniswap adds in-app wallet, P&L tracking, and one-click crosschain swaps across 11 networks
blog.uniswap.org ·
Kraken replaces LayerZero with Chainlink for kBTC bridging after $292M Kelp exploit, migrating more than $3B in locked crosschain assets
Coindesk ·
Across Protocol enables cross-chain deposits into USDC-PERPS on Hyperliquid, simplifying access to onchain perpetual trading
𝕏/@AcrossProtocol ·
AI agents slash build time as MegaName Market ships a fully onchain, crosschain .mega naming service focused on zero-friction building on MegaETH.
𝕏/@bread_ ·
DeFi lending is entering “Gen 2” after the 2025 crash exposed overcollateralization, fragility, and poor real-world utility. The next phase centers on compliant stablecoins, privacy-preserving credit, cross-chain liquidity, consumer-first interfaces, and reputation-based undercollateralized loans.
𝕏/@Eli5defi ·
Polygon Labs is spending $250M to acquire Coinme and Sequence, bringing licensed fiat on/off-ramps, wallet infrastructure, and cross-chain orchestration in-house to power its Open Money Stack and pivot fully toward blockchain-based global payments.
The Block ·
Uniswap adds in-app wallet, P&L tracking, and one-click crosschain swaps across 11 networks
blog.uniswap.org ·
Kraken replaces LayerZero with Chainlink for kBTC bridging after $292M Kelp exploit, migrating more than $3B in locked crosschain assets
Coindesk ·
Across Protocol enables cross-chain deposits into USDC-PERPS on Hyperliquid, simplifying access to onchain perpetual trading
𝕏/@AcrossProtocol ·
AI agents slash build time as MegaName Market ships a fully onchain, crosschain .mega naming service focused on zero-friction building on MegaETH.
𝕏/@bread_ ·
DeFi lending is entering “Gen 2” after the 2025 crash exposed overcollateralization, fragility, and poor real-world utility. The next phase centers on compliant stablecoins, privacy-preserving credit, cross-chain liquidity, consumer-first interfaces, and reputation-based undercollateralized loans.
𝕏/@Eli5defi ·
Polygon Labs is spending $250M to acquire Coinme and Sequence, bringing licensed fiat on/off-ramps, wallet infrastructure, and cross-chain orchestration in-house to power its Open Money Stack and pivot fully toward blockchain-based global payments.
The Block ·