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Ika Launches Mainnet To Enable Native Cross-Chain Asset Control on Sui Blockchain

by Chainwire
July 29, 2025
in Press Releases

July 29, 2025 – Zug, Switzerland


Ika, the pioneering blockchain infrastructure provider, has officially launched its mainnet, marking a significant milestone in blockchain interoperability.

The launch introduces the first-ever zero-trust MPC (multiparty computation) network capable of native cross-chain asset control directly from smart contracts on the Sui blockchain.

Ika’s protocol allows Sui-based smart contracts to securely and seamlessly manage native assets across many blockchains, including Bitcoin, Ethereum and modern layer-ones and layer-twos – without relying on bridges, token wrapping or trusted third parties.

This breakthrough eliminates common risks associated with cross-chain solutions, such as vulnerabilities inherent in bridging protocols or wrapped tokens, fundamentally transforming blockchain interoperability.

At the heart of Ika’s innovation is the introduction of dWallets, a decentralized, programmable and transferable signing mechanism.

dWallets enable both the user and the Ika network to collaboratively sign transactions, while enforcing logic governed by smart contracts.

This empowers developers and institutions to build and operate securely across various blockchains with native asset control.

The technological core of Ika is its novel 2PC-MPC cryptography protocol, previously thought impractical for decentralized environments due to latency, scalability and security constraints.

Ika has overcome these hurdles, delivering sub-second latency and linear scalability – without compromising on decentralization – delivering a network that can be supported by hundreds of operators globally.

Each operation includes cryptographic safeguards that require explicit user participation, supporting a zero-trust security framework.

The network’s native token, IKA, plays a critical role by securing the infrastructure through a decentralized, permissionless PoS (proof-of-stake) consensus mechanism.

IKA tokens are integral for transaction fees, spam prevention, rewarding reliable operators and network governance.

Several leading blockchain projects on Sui are already utilizing Ika’s mainnet, demonstrating the protocol’s versatility and robustness.

  • Native is enhancing Bitcoin liquidity through native lending and DeFi services.
  • Human Tech delivers ‘wallet-as-a-protocol’ solutions, seamlessly managing cross-chain assets.
  • Rhei Finance offers institutional-grade zero-trust multi-chain DeFi services.
  • Aeon advances decentralized custody solutions optimized for AI-driven financial management.
  • Nativerse pioneers Bitcoin-backed stablecoins without synthetic or wrapped intermediaries.
  • Ekko integrates AI chatbots with decentralized security via MPC technology.
  • Legacy Link facilitates secure digital asset inheritance through streamlined estate management.
  • Full Sail introduces an advanced AMM (automated market maker), leveraging Ika’s interoperability.

Omer Sadika, co-founder of Ika, said,

“Today marks the start of a new era in blockchain interoperability.

“Our mainnet launch is not just a technological milestone but a paradigm shift, bringing native zero-trust interoperability to Sui, and unlocking unprecedented possibilities for developers, institutions and individual users alike.”

With Ika now live, blockchain projects, financial institutions and developers can deploy multi-chain applications on Sui, operate as network participants or engage with the Ika network.

For further information, users can visit the website or follow Ika on X.

About Ika

Ika is the fastest parallel MPC network, offering sub-second latency, unprecedented scale and decentralization and zero-trust security.

As the premier choice for interoperability, decentralized custody and chain abstraction, Ika is set to revolutionize digital asset security and multi-chain DeFi.

Users can learn more here.

Contact

Ika, press

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


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