PANews reported on March 19 that according to The Block, Cosmos' Interchain Foundation (ICF) has funded the open source of Evmos (EVMOS -32.90%), which is the native EVM framework of its multi-chain ecosystem containing more than 200 application chains. The foundation said that the framework was previously developed under the Evmos project and will now be maintained as "Cosmos EVM" in the official cross-chain software stack, including the Cosmos SDK, which means that the Cosmos ecosystem now has a standardized Ethereum Virtual Machine (EVM) version. This development enables the Cosmos blockchain to integrate the Cosmos EVM for full EVM compatibility, including support for JSON-RPC and Ethereum wallet compatibility through lightweight EVM configuration for native ERC-20 tokens. The integration strengthens cross-chain interoperability between the broader EVM ecosystem and Cosmos through the Interchain Communication (IBC) protocol.
As part of this transition, Evmos co-founder Federico Kunze Küllmer will no longer serve as a core contributor to Evmos while continuing to advise the ICF on the interoperability and modular architecture of the Cosmos EVM, Evmos noted. Kunze Küllmer's company Altiplanic was a core contributor to the Evmos codebase and will no longer be involved in the project.