Coinbase and Ethereum Foundation Unite to Power Open Intents Framework for Seamless Cross-Chain Interoperability

Breaking down blockchain barriers—Coinbase just teamed up with Ethereum's core builders to supercharge cross-chain connectivity.

The Vision: One Ecosystem to Rule Them All

Forget fragmented liquidity and isolated networks. The Open Intents Framework aims to create a unified web3 experience where assets flow freely between chains. No more bridge headaches or wrapped token nightmares.

Why This Changes Everything

This isn't another interoperability pipe dream. With Coinbase's exchange muscle and Ethereum Foundation's technical cred, they're actually building the plumbing for mass adoption. Finally—a solution that doesn't require a PhD in cryptography to use.

The Cynical Take

Because let's be real—Wall Street still thinks 'cross-chain' means swapping between the S&P and NASDAQ. Maybe this'll finally get traditional finance to stop confusing blockchain with their Excel spreadsheets.

Bottom line: The walls between chains are coming down. Whether the market's ready or not.

Coinbase Open Intents Framework

Launched in February by the Ethereum Foundation, the OIF aims to unify the Ethereum Layer 2 ecosystem. It builds on standards like ERC-7683, which define how intents are created, executed, and settled, enabling fast, seamless cross-chain operations across Ethereum and its L2 networks.

Coinbase marks the latest addition to the initiative, which has grown to include over 30 contributors, including major Layer 2 solutions like Arbitrum, Optimism, zkSync, and Scroll, as well as cross-chain protocols like LI.FI. Other participants, such as Wonderland, Taiko, and Across Protocol, have integrated OIF modules to simplify cross-chain asset transfers and experiment with new order types, such as cross-chain Dutch auctions.