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Ethereum Foundation Launches Open Intents Framework to Boost Cross-Chain Interoperability

  • The Ethereum Foundation has launched the Open Intents Framework (OIF) to improve cross-chain interoperability in the Ethereum ecosystem.
  • The OIF aims to streamline cross-chain transactions and make it easier for users to send assets across different chains seamlessly.
  • Over 30 teams, including Layer 2 networks and wallets, collaborated to develop the OIF and standardize key components like solving and settlement.
  • The OIF is supported by prominent Layer 2 networks and received initial funding from Hyperlane and contributions from the Ethereum Foundation and Bootnode.

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