Cardano Foundation supports IBC open standard in partnership with Cosmos and Linux Foundation

The Cardano Foundation has committed support for the Inter-Blockchain Communication (IBC) protocol as it becomes an official project of the Linux Foundation Decentralized Trust. This initiative, which brings together Cosmos and 22 additional sponsors, aims to establish IBC as an open standard for blockchain interoperability. Cardano Foundation, the independent non-profit supporting the development and adoption of the Cardano blockchain, confirmed its involvement in a recent statement. The foundation highlighted IBC’s ability to connect independent ledgers, enabling secure asset and data transfers across various blockchain networks without centralized intermediaries. According to the Cardano Foundation, IBC has already facilitated more than $50 billion in transactions across over 200 networks since its launch in 2021, demonstrating its established adoption and technical reliability.

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