Cosmos IBC Protocol Moves to Linux Foundation Ranks with Major Corporate Backing
Cosmos is handing over the reins of its IBC protocol to the Linux Foundation. With heavy backing from Google Cloud and the Cardano Foundation, this massive shift aims to set a neutral, open industry standard for connecting financial ledgers globally.
- Original source: crypto.news.
- The source published it on Nov 9, 2026 at 5:14 PM.
- No second outlet has reported it yet. Treat it as a single-source claim.
, Cosmos has officially announced the transition of its IBC cross-chain protocol to the Linux Foundation's Decentralized Trust, setting the stage for a huge institutional expansion.
This major move sees support from giants like Google Cloud and the Cardano Foundation, signaling a serious push to build an open industry standard for linking financial networks.
The protocol allows independent digital ledgers to exchange assets and data, and this governance change gives finance and tech developers a neutral place to build upon.
Cosmos Labs will retain its role as a primary maintainer, but they are adding Datachain and OpenZeppelin to the roster as code maintainers.
LF Decentralized Trust will now hold the IBC trademark, and the protocol will remain free and open source for everyone to use.
Since starting in 2021, IBC has proved its worth, handling over $50 billion in transaction volume across more than 200 different networks.
TopicsCosmos · Linux Foundation · Google Cloud · Cardano Foundation · IBC · Datachain · OpenZeppelin · Wells Fargo
Source: crypto.news
Written by Paparazzi with AI. Not financial advice.
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