Interchain Foundation Supports Tharsis Labs to Open-Source evmOS!

Jakarta, Pintu News—The Interchain Foundation, which funded Tharsis Labs, has made an important announcement: It will release evmOS as an open-source solution.

evmOS, compatible with Ethereum ETH->Current ETH PriceRp 0Market Cap-Trading Volume-Circulating Supply-, will strengthen interoperability between the Ethereum and Cosmos networks, opening up new opportunities for developers and users in both ecosystems.

Check out the full news below!

Funding and Development of evmOS

The Interchain Foundation, which supports the Cosmos ecosystem, announced on March 18 that it will fund Tharsis Labs to develop evmOS into open-source. evmOS is an Ethereum-compatible layer 1 solution designed to improve interoperability between Ethereum and Cosmos blockchains.

With this support, evmOS will allow Cosmos users to access functions on the Ethereum network. With even technology now open-source, developers can create applications and blockchains powered by the Ethereum Virtual Machine (EVM) using the Cosmos Software Development Kit.

According to a statement from the Interchain Foundation, Tharsis Labs will release EVM-compatible software under the Apache 2.0 license.

Also read: LUNC Community Proposes USTC to be a Meme Coin, Here are the Details!

evmOS Integration and Benefits

The integration of evmOS into the Cosmos ecosystem will expand the scope of this technology and introduce Cosmos EVM as the main EVM solution for Cosmos. Interchain Labs will manage the project as part of the Interchain Stack.

Federico Kunze Küllmer, co-founder of evmOS and representative of Tharsis Labs, expressed his enthusiasm for ICF’s support and looks forward to contributing to the next phase in a strategic advisory role.

The existence of evmOS as an open-source solution enables permissionless innovation, which will bring wider technology integration. Key benefits of this integration include cross-chain communication that will support the scalability of DeFi applications. This marks a major step in strengthening interoperability within the blockchain ecosystem.

Read also: a16z Big Investment in Halliday, Blockchain Payment Innovation!

Commitment and Future Expectations

Despite funding and forking evmOS, the Interchain Foundation affirms its commitment to the project’s roadmap. In addition to compatibility with Ethereum, the ultimate goal is to make evmOS an accessible solution to all proof-of-stake networks for the new Web3 adoption.

Josh Cincinnati, president of the ICF Foundation Council, expressed his excitement at supporting the evolution of evmOS under the auspices of the Interchain Foundation.

In July last year, LayerZero Labs partnered with Initia Labs to develop an interoperability standard for Cosmos. The standard aims to bring omnichannel interoperability to the Cosmos SDK and chains enabled by LayerZero. This initiative demonstrates an ongoing commitment to expanding the capabilities and functionality of the Cosmos ecosystem.

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Reference

• Crypto News. Interchain Foundation Funds Tharsis Labs to Open-Source EVMOS. Accessed on March 19, 2025
• Featured image: Medium