Sommelier, a co-processing protocol to the Ethereum Virtual Machine, or EVM,  announced a research and development partnership with Mysten Labs to increase liquidity transaction speeds and launch smart contract applications on the Cosmos blockchain on Tuesday.

Mysten Labs is a Web 3.0 infrastructure platform founded this year by the team of cryptographical program engineers responsible for the blockchain architecture of Facebook’s crypto-payments platform Diem and its respective mobile wallet Novi.

By Amy Liu