IOST, a well-known platform for multi-chain infrastructure for RWAs, has partnered with Ethscriptions, the prominent Ethereum rollup platform. The partnership is focused on supporting the impending key Ethscriptions upgrade. As mentioned in IOST’s official X announcement, the collaboration backs the ecosystem with the launch of a Rollup solution to let all assets completely exist on L1. Hence, the development goes in line with the platform’s commitment to promoting technical advancement and interoperability across chains.
IOST’s new partnership attempts to back Ethscriptions’ impending major upgrade. The move is anticipated to play a crucial role in the standardization of EVM data assets. At the same time, the development is also devoted to pushing the Web3 market toward a relatively scalable and secure future. In this respect, the technological framework of EthsX, the native crypto token of Ethscriptions, assists in L1 standardization to boost technological framework.
Apart from that, this landmark development is a notable step toward the establishment of a relatively inclusive blockchain ecosystem. Thus, by backing the upcoming Ethscriptions upgrade, the main objective of IOST is to enhance data asset security, efficiency, and transparency when it comes to cross-chain operations. Keeping this in view, the joint effort enables users and developers to leverage the improved performance without any compromise on decentralization.
According to IOST, the partnership integrates completely L1 assets into the ecosystem of Ethscriptions. This presents a wider market trend towards decreasing L2 reliance. This guarantees that transfers as well as asset ownership remain secure and verifiable. Ultimately, it fortifies IOST’s ecosystem and establishes a benchmark for additional collaborations within the blockchain sector, prioritizing transparent, secure, and scalable decentralized technologies.



BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more