Ika Mainnet officially launched: Achieving native cross-chain asset management on Sui.

IKA, a parallel MPC network, today announced the official launch of its mainnet, bringing native cross-chain asset control and trustless multi-party computing (MPC) networks to the Sui blockchain, driving a new era of blockchain interoperability. (Synopsis: Parallel MPC Network IKA: Has received strategic investment from the Sui Foundation, with a total fundraising amount of more than $21 million) (This article is widely compiled, written and provided by Chainwire, and does not represent the position of the region, nor is it investment advice, purchase or sale advice.) For details, please refer to the liability warning at the end of the article. Zug, Switzerland, July 29, 2025 – Chainwire - Ika, a leading blockchain infrastructure provider, officially launched its mainnet, marking a major milestone in blockchain interoperability. This mainnet launch introduces the first trustless multi-party computing (MPC) network, which enables native cross-chain asset control directly from smart contracts on the Sui blockchain. IKA's protocol allows Sui-based smart contracts to securely and seamlessly manage native assets on multiple blockchains, including Bitcoin, Ethereum, and L1 and L2 blockchains, without relying on cross-chain bridges, wrapped tokens, or trusted third parties. This breakthrough fundamentally changes blockchain interoperability by eliminating risks common in cross-chain solutions, such as cross-chain bridge protocols or vulnerabilities inherent in packaged tokens. At the heart of IKA's innovation is the introduction of dWallets, a decentralized, programmable, and transferable signing mechanism. dWallets enable users and the Ika network to collaborate to sign transactions while executing logic managed by smart contracts. This enables developers and institutions to securely build and operate on multiple blockchains and achieve native asset control. At the heart of IKA's technology is its novel 2PC-MPC cryptographic protocol, which in the past was considered infeasible in a decentralized environment due to latency, scalability, and security limitations. Ika overcomes these hurdles, achieves sub-second latency and linear scalability, and does not compromise on decentralization, providing a network that can be supported by hundreds of operators around the world. Each operation includes cryptographic guarantees that require explicit user involvement, supporting a trustless security framework. The network's native token, IKA, plays a key role in securing the infrastructure through a decentralized, permissionless proof-of-stake consensus mechanism. IKA tokens are essential for transaction fees, spam prevention, rewarding reliable operators, and network governance. Several leading blockchain projects on Sui are already leveraging Ika's mainnet, demonstrating the versatility and robustness of the protocol: Native boosts Bitcoin liquidity through native lending and DeFi services. Human Tech offers a protocol-as-a-wallet solution to seamlessly manage assets across chains. Rhei Finance provides institutional-grade zero-trust multi-chain DeFi services. Aeon advances decentralized custody solutions that optimize AI-driven financial management. Nativerse pioneered Bitcoin-backed stablecoins that do not use synthetic or packaging intermediaries. Ekko integrates AI chatbots with decentralized security through MPC technology. Legacy Link facilitates secure digital asset inheritance through streamlined estate management. Full Sail introduces an advanced automated market maker (AMM) that leverages IKA interoperability. "IKA's mainnet launch marks the beginning of a new era of blockchain interoperability," said IKA co-founder Omer Sadika. "This is not only a technical milestone, but also a paradigm shift that brings native trustless interoperability to Sui, unlocking unprecedented possibilities for developers, institutions, and individual users." With IKA now live, blockchain projects, financial institutions, and developers can deploy multi-chain applications on Sui, operate as network participants, or interact with the IKA network. For more information, users can visit or follow Ika on X. About Ika Ika is the fastest parallel MPC network, offering sub-second latency, unprecedented scale and decentralization, and trustless security. As the go-to choice for interoperability, decentralized custody, and chain abstraction, Ika will revolutionize digital asset security and multi-chain DeFi. Users can get more information here. 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