(p/s: Not one of those “web3 updates” that give you 3 lines of fluff and call it alpha 😮‍💨) Read full article: https://x.com/InternSui81687/status/1897309368644985108

You ever move assets between chains and feel like you’re Indiana Jones dodging traps? Yeah. That’s because interoperability right now = risky bridges + central points of failure.

Ika says: “Nah, we’re done with that.”

They’re building a system that’s trustless, fast AF, and doesn’t give your keys to anyone. Built on Sui, it uses Threshold encryption and 2PC-MPC

In the video here, David Lash (co-founder of Ika) straight up says what everyone’s thinking: interoperability is broken AF. And instead of writing another “we need a solution” blog like most teams do, they spent two years pulling in security experts, AI nerds, and academics to actually build one. What they came up with? A system using 2PC MPC and threshold encryption — fancy words that basically mean: your keys stay yours, your assets don’t get rewrapped like a Christmas gift from 2017, and everything moves fast as hell.

Like, Ika doesn’t just secure your stuff. It rips through transactions at sub-second latency and still stays decentralized. Meanwhile bridges are out here taking 8 minutes and your soul just to confirm a swap.

They built this on Sui. And if you’ve slept on Sui until now, that nap is over. Sui’s object-centric model, blazing-fast finality, and Mysticeti Consensus (yes that’s a thing, no it’s not made up) are perfect for what Ika’s trying to do. David even said Sui’s dev experience made it an obvious choice — which is rare praise in crypto where every dev tool feels like an ancient scroll.

But what really got me was their take on UX. The best crypto? The kind that’s boring. Not in a bad way, but in the “it just works” kinda way. Ika’s shooting for a future where you don’t even know you’re doing cross-chain stuff. No popups, no bridges, no fake tokens. Just open your wallet, lend your BTC natively, do a swap across chains, and keep vibin’. That’s what we’ve been asking for and somehow forgot to demand.

And don’t think this is just for degen bros. Ika enables DAOs, indie teams, and businesses to roll out their own custody solutions — think “Fireblocks starter pack” but on steroids and actually accessible. You don’t need a $500k setup to build secure infra anymore. Just Sui, Ika, and a little bit of courage.

Oh, and let’s not sleep on Bitcoin. BTC’s been sitting on the sidelines for years like that dude who refuses to join the game. But Ika’s making it playable. DeFi with no wrapping, no moving — just lock it as native collateral and go. Institutions are gonna love it because it keeps them compliant and efficient. No tax FUD, no custodial traps. Just capital flowing clean.

So if someone asks you, “What’s next for crypto?” don’t send them a tweet thread that says “Interoperability is the future"