Ika Launches Mainnet on Sui Blockchain Enabling Zero-Trust Cross-Chain Asset Control

Generated by AI AgentCoin World
Tuesday, Jul 29, 2025 7:29 am ET2min read
Aime RobotAime Summary

- Ika launches mainnet on Sui blockchain, enabling native cross-chain asset control via zero-trust MPC technology without bridges or token wrapping.

- Platform uses dWallets and smart contracts for decentralized multi-chain transactions, mitigating third-party risks through collaborative signing mechanisms.

- IKA token powers proof-of-stake consensus, governance, and security incentives, with early adoption by Sui-based projects like Native and Rhei Finance.

- Experts highlight strategic alignment with Sui's scalability and growing demand for secure, decentralized cross-chain solutions amid expanding blockchain ecosystems.

- Founder calls it a "paradigm shift," aiming to expand DeFi adoption through partnerships and developer engagement post-mainnet launch.

Ika, a blockchain interoperability platform, has launched its mainnet on the Sui blockchain, introducing a framework for native cross-chain asset control without relying on bridges or token wrapping. The solution leverages zero-trust multi-party computation (MPC) technology to enable secure, direct management of assets across multiple blockchains within Sui’s ecosystem. This development addresses persistent challenges in blockchain interoperability, offering a decentralized approach to cross-chain transactions that reduces risks associated with third-party intermediaries [1].

The platform’s architecture is built on dWallets, a decentralized, programmable, and transferable signing mechanism. This system allows users and the Ika network to collaboratively sign transactions, governed by smart contracts that enforce logic for secure multi-chain operations. By eliminating the need for token wrapping or bridging protocols, Ika mitigates vulnerabilities often exploited in traditional cross-chain solutions. The technology also employs a novel 2PC-MPC cryptography protocol, which balances sub-second latency, linear scalability, and decentralization. This innovation overcomes prior limitations of MPC in decentralized environments, enabling global network support by hundreds of operators [2].

The native IKA token underpins the network’s proof-of-stake consensus mechanism, serving critical functions such as transaction fees, spam prevention, and incentivizing reliable operators. Token holders also participate in governance, aligning economic incentives with network security. Early adopters include Sui-based projects like Native, Human Tech, and Rhei Finance, which are leveraging Ika’s infrastructure for Bitcoin liquidity, cross-chain asset management, and institutional-grade DeFi services [3].

Industry experts note the strategic alignment with Sui’s developer-friendly infrastructure and scalability focus, positioning Ika to enhance the utility of multi-chain applications. The zero-trust model, which ensures no single entity controls assets, addresses security concerns that have hindered broader adoption of cross-chain tools. Analysts highlight the timing of the launch amid rising demand for interoperable solutions, as blockchain networks proliferate and institutions seek secure, decentralized alternatives to existing models [4].

Co-Founder Omer Sadika emphasized the milestone as a “paradigm shift” in blockchain interoperability, unlocking new possibilities for developers, institutions, and users. The launch enables Sui-based projects to deploy multi-chain applications, participate as network operators, or integrate Ika’s services for secure asset control. With the mainnet live, the platform aims to expand its ecosystem through partnerships and developer engagement, fostering adoption in DeFi and decentralized custody [5].

The announcement has been widely covered by crypto media, reflecting growing industry interest in cross-chain innovations. While some sources paired the news with unrelated updates, the core focus remains on Ika’s technical advancements. The success of the platform will hinge on maintaining security, attracting developer adoption, and scaling its decentralized infrastructure to meet increasing demand [6].

Sources:

[1] Chainwire. [Ika Launches Mainnet to Enable Native Cross-Chain Asset Control on Sui Blockchain.](https://cryptoslate.com/press-releases/ika-launches-mainnet-to-enable-native-cross-chain-asset-control-on-sui-blockchain/)

[2] CoinJournal. [Ika Launches Mainnet to Enable Native Cross-Chain Asset Control on Sui Blockchain.](https://coinjournal.net/news/ika-launches-mainnet-to-enable-native-cross-chain-asset-control-on-sui-blockchain/)

[3] BlockchainReporter. [Hexydog ($HEXY) Draws Major Exchange Interest As Best...](https://blockchainreporter.net/hexydog-hexy-draws-major-exchange-interest-as-best-crypto-presale/)

[4] CCN.com. [Chainwire.](https://www.ccn.com/author/chainwire/)

[5] TechBullion. [No More Gatekeepers: Lemon Bank Group and

One Launch the First Truly Permissionless Lending Platform on Lemonchain.](https://techbullion.com/no-more-gatekeepers-lemon-bank-group-and-charter-one-launch-the-first-truly-permissionless-lending-platform-on-lemonchain/)

[6] CCN.com. [Chainwire.](https://www.ccn.com/author/chainwire/)

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