Espresso Systems joins Linux Foundation Decentralized Trust to advance crosschain interop and institutional digital asset adoption

Espresso Systems — the proof-of-stake finality and data availability layer behind Celo and ApeChain — joined Linux Foundation Decentralized Trust, placing it in working groups alongside central banks and Hyperledger contributors. The team will focus on LFDT's crosschain interoperability and institutional digital asset tracks, a clear pivot toward regulated finance standards rather than purely crypto-native infra. Espresso has raised $50M+ from a16z, Sequoia, Greylock, Coinbase Ventures, and Electric Capital since its 2020 founding by Stanford cryptography PhDs.

TLDR by @Benthic

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• Institutional Adoption
• Adoption
• Crosschain