Crypto.com unveils EVM blockchain functionality and related fund

Cointelegraph

Published May 07, 2021 02:00PM ET

Updated May 08, 2021 06:40PM ET

In the coming months, Crypto.com’s blockchain will let projects built on Ethereum transfer over to its ecosystem via Ethereum Virtual Machine, or EVM, compatibility. The company also unveiled a related fund to bolster interested projects.

According to a Friday public statement from the company provided to Cointelegraph, the EVM feature goes live on the Crypto.org blockchain on July 14 of this year. “EVM support will be implemented as a side-chain,” the statement noted.

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