Cosmos and its supporting nonprofit, the Interchain Foundation, announced that they would donate the Inter-Blockchain Communication protocol (IBC) to LF Decentralized Trust, the Linux Foundation’s decentralized technology organization, according to Foresight News.
Under the announced arrangement, IBC would be hosted as a project within LF Decentralized Trust, with participating parties jointly advancing protocol development under a neutral governance framework.
The donation received support from Google Cloud and was jointly initiated by individuals from 21 organizations, including Wells Fargo, Figure Markets, OpenZeppelin, Cardano Foundation and Injective Labs.
The reported change concerns IBC’s project home and development governance. The notice does not specify changes to cross-chain verification, asset-transfer mechanics or the protocol’s trust assumptions.
Original publication: November 9, 2026, at 22:13:26 (UTC+8).
Source: Foresight News
