Celo has awarded a grant to staking service provider Chorus One to build a bridge facilitating interoperability between the Cosmos and Celo networks.
The proof-based bridge will allow “bidirectional communication’ between Celo and Cosmos, allowing Celo’s cUSD stablecoin to operate on the Cosmos network, and Cosmos-based assets including ATOM, BAND, and KAVA to be held in the Celo Reserve.
According to a Nov. 19 announcement, the partnership will lay the groundwork for building future bridges between Celo and “chains like Polkadot, Near, and Solana.”
Cosmos is also working to build numerous cross-chain bridges, including with Ethereum, Polkadot, and Kadena.
The post notes that work will be split between two service agreements, and will require the implementation of a “unique light client” on each blockchain.
The Interchain Foundation, a non-profit foundation formed to support the development of Cosmos, will fund a WASM-based Light Client to allow Cosmos to verify Celo transactions without undergoing a hard fork.
The Celo Foundation will