IOTA Launches EVM-Compatible Layer 2 Solution, IOTA EVM, on June 5th with Advanced Features
IOTA has launched its EVM-compatible Layer 2 solution, IOTA EVM, marking a significant milestone for the network. The IOTA EVM introduces features such as smart contracts, cross-chain functionality, parallel processing, and enhanced security against MEV attacks. This development aims to bring real-world assets (RWA) and institutional investors on-chain, with a particular focus on decentralized finance (DeFi) applications. The launch has been celebrated by various partners and community members, highlighting the integration of Ethereum compatibility with IOTA's feeless infrastructure. The IOTA Foundation has organized a launch party and an AMA session on June 5th at 6PM CEST, featuring Dom Schiener, to discuss the new EVM and its future implications.
Sources
DefiLlama.com
Now tracking @iota EVM IOTA EVM is a fully EVM-compatible Layer 2 solution for the IOTA network, enabling smart contracts, cross-chain functionality, and enhanced security https://t.co/pgjf6Yo0zY
IOTA “We are positioning #IOTA to bring the real world to #Web3 and help to bring trillions of assets and institutional investors on-chain. #IOTAEVM will have a particular focus on #DeFi applications and RWA usage” Thanks for the article @CoinDesk @shauryamalwa https://t.co/Up3mMnHgSt
- IOTA
Community builder speed-dating starts now! Join us at the #IOTAEVM Launch Party to discover the projects building on the #EVM. And you can tell us if it's a match 🧑🤝🧑. 👀 Here's a sneak peek into our participants 🧵⤵️ https://t.co/1o7CM8PlMx https://t.co/e67YNvNPe6
Additional media
