Interop

Interop is an early stage venture fund supporting protocols and primitives embracing the vision of sovereign, interoperable, proof-of-stake blockchains.

[Cosmos - The Interchain ⚛️ @cosmos]

Townhall - Countdown to Sovereign Day, Buenos Aires! https://t.co/LaTkGB0d9H

[Cosmos - The Interchain ⚛️ @cosmos]

Tune in tomorrow, June 6th, 12 PM ET, to learn what to expect from the event, straight from our guests:

⟡ PREPARING FOR SOVEREIGN EVM DAY ⟡

With @BPIV400, @0xMagmar, @seb3point0 (Interop), @marcomonaco83 from @TacBuild, and @interchainriley from @stride_zone!

[seb3point0 @seb3point0]

finally emerging from denver and want to share my takeaways from @defi_basecamp.

it definitely feels like defi is growing up. the wild west days of free generational wealth are probably over. but what we're building now is stronger and likely to have lasting impact on finance.

[Interop @InteropVC]

Come to @DeFi_Basecamp and learn about the best opportunities in DeFi this year.

[Agentic Engineering @agnt_eng]

GM Defi Enjoyooooors

The Defi Dojo @defidojodiscord & @InteropVC are hosting a full Day Defi BaseCamp

BD
Panels
Vibez
S'mores
Booz

Limited Space 👇

[seb3point0 @seb3point0]

new episode 🎧

"quantum is the first universal aggregation layer for all proving systems" @garvitgoel03

verifying a single zk proof on ethereum costs up to $60. verifying proofs every block costs up to $100m annually!

electron aggregates from proofs across different protocols into a single superproof reducing costs by up to 95%.

@electronzk recently launched their quantum network testnet which integrates multiple proving systems. 140k proofs have been aggregates for a total gas cost saving of over $1.4m.

electron currently supports avail, scroll, worldchain, loopring, zksync and a handful of other protocols, with more coming soon.

chapters
00:00 introduction
01:20 electron’s mission
03:30 why zk proofs are expensive
05:50 quantum: the aggregation layer
08:46 supported proving systems
12:00 innovations in aggregation
16:34 decentralizing the prover network
22:09 protocols using quantum
27:41 use cases for zk rollups
35:06 plans for bitcoin and other layer 1s
38:34 mainnet & future plans

[seb3point0 @seb3point0]

evm contracts deployed to movement inherit the security properties of the movevm

so, wen @morpholabs on @movementlabsxyz?

[seb3point0 @seb3point0]

2024 was a defining year at @interopvc

- raised $6.5m during a bear market
- invested in 15 early & growth-stage teams
- grew the team (ops, marketing, ea)
- dropped 40 @TheInterop episodes
- held 3rd @NebularBuilders in brussels
- hosted breakfasts in denver & singapore
- attended an insane amount of conferences

what stands out most is supporting our portcos. watching founders thrive and grow has been one of the most surprisingly fulfilling parts of running a fund. i'm proud of y'all 🫶

2025 is shaping up to be a big year for the entire industry and we're ready to catch the wave:

- hard closing the fund in q1
- hosting events across europe & the us
- doubling down on content at @TheInterop
- backing more stellar teams in cosmos & the interchain

let's crush it next year!

[Interop @InteropVC]

https://t.co/6hdLtbfARa

[Interop @InteropVC]

Congratulations to the @movementlabsxyz team on a successful token launch.

This marks the beginning of a rich ecosystem of secure and performant applications that can truly MOVE the needle on adoption of crypto.

Let’s $MOVE!

[Movement Network Foundation @movementfdn]

$MOVE is now live!

This is a big step forward for the Movement Network⚡

[Drop💧 @dropdotmoney]

Exciting news: The Celestia Wave 1 Validator Set is here!

These top-tier operators will support Drop's mission to unlock liquidity and decentralize staking on @CelestiaOrg💧

Let’s meet the first set of validators leading the charge ⤵️

[Drop💧 @dropdotmoney]

Drop Protocol has secured a cool $4M in seed funding💧

The round was led by @coinfund, with backing from @cmsholdings, @anagramxyz, @ChorusOne, @interopvc, and more.

This funding turbocharges our mission to unleash new economic possibilities in the Interchain.

[Interop @InteropVC]

We're excited to support Drop alongside @coinfund @ChorusOne @cmsholdings @anagramxyz and other great investors.

Drop is led by ex-Lido and P2P members, who have an unmatched depth of experience building and scaling liquid staking protocols.

[Drop💧 @dropdotmoney]

Drop Protocol has secured a cool $4M in seed funding💧

The round was led by @coinfund, with backing from @cmsholdings, @anagramxyz, @ChorusOne, @interopvc, and more.

This funding turbocharges our mission to unleash new economic possibilities in the Interchain.

[Interop @InteropVC]

We’re going live in just a few minutes with the Movement Ecosystem Webinar!

If you haven’t signed up yet, now’s your chance to join us and explore one of the most exciting blockchain ecosystems.

👉https://t.co/uZw3KVzKJf

[Interop @InteropVC]

Movement is one of the biggest mainnet launches of 2024

Our deep dive explores how @movementlabsxyz

- Redefines security with Move
- Builds a robust ecosystem
- Creates opportunities for builders & investors

🗓️ Date: October 15th, 2024
⏰ Time: 9am PST / 12pm EST / 6pm CET

[Interop @InteropVC]

RSVP: https://t.co/uZw3KVzKJf

[Interop @InteropVC]

Movement is one of the biggest mainnet launches of 2024

Our deep dive explores how @movementlabsxyz

- Redefines security with Move
- Builds a robust ecosystem
- Creates opportunities for builders & investors

🗓️ Date: October 15th, 2024
⏰ Time: 9am PST / 12pm EST / 6pm CET

[Nolus 🔅 @NolusProtocol]

https://t.co/HjZzqLEwB6

[Agentic Engineering @agnt_eng]

Staking yield is a strong incentive for liquidity. @mityaxyz & @FelixLts discuss how enshrined liquidity could boost DeFi growth, attracting VCs and big players to ecosystems like Atom.

[Quasar 🛰️ @QuasarFi]

We’re giving away 3 codes for Union's Trusted Setup Ceremony, to secure its ZK circuit for trustless, decentralized interoperability.

To enter:
• Like this post
• QT or reply to this post
• Follow @QuasarFi
• Follow @union_build

The contest will end in 3 days on Oct. 11. Only 1 code can be won per user across all Union code giveaways.

[Agentic Engineering @agnt_eng]

How do we solve liquidity fragmentation in Defi?

Discover strategies to attract liquidity and build resilient DeFi ecosystems.

A conversation with @mityaxyz, @max_einhorn, @FelixLts & @rushimanche. Moderated by @seb3point0

🧵 Highlights bellow

[Interop @InteropVC]

gmove @meridian_money

[seb3point0 @seb3point0]

gmove 👋

We’re pleased to announce our participation in @meridian_money's $4m seed round alongside @paraficapital & @borderless_cap. Let's build the foundations for more secure and performant DeFi applications.

Next-generation VMs like Move are crucial for the growth and adoption of defi and web3.

The EVM will soon be ten years old and was designed as the nascent blockchain ecosystem had to move fast and break things. In the last decade, bugs in Solidity have been responsible for tens of billions in hacks and lost funds.

The industry needs to move (no pun intended) to more secure, performant, and scalable programming languages and VMs to empower indie developers and enterprises to build the next wave of dapps.

Meridian will be Movement's liquidity hub, encompassing a suite of vertically integrated products:

- an AMM supporting weighted and stable pools, with support for concentrated liquidity

- a Liquid Staking Token (LST) featuring a two-token non-yield bearing and staked yield-bearing model

- an LST and restaking, allowing holders to earn additional yield by securing Move-based AVSs

- a Movement full node validator, contributing to network security and vertically integrating their LST and LRT products into a cost-efficient stack

The Meridian team, led by @adammoves_, has a long history in the Move ecosystem, having previously built @ThalaLabs, the largest application on @Aptos.

Meridian is a strong value-add for the entire Movement ecosystem. It turns the $MVMT token into a productive, yield-generating asset and creates opportunities for Move L2s and rollups to build in the Movement network.

We’re excited to support the Meridian team, as well as @movementlabsxyz and @EchelonMarket, in which @InteropVC also invested, as Move gains traction and enables more scalable and secure decentralized applications.

Other participating investors in this round include @ambergroup_io, @SaisonCapital, @serafund, @OakGroveVC, @FlowTraders, @AmbushCapital, @gate_io, @DoublePeakGroup, @dcfgod and prominent angels. We're eager to work together to grow Meridian and the Movement ecosystem as a whole!