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Ika Launches RFP Program to Unlock the Next Generation of Decentralized Applications on Sui

Zug, Switzerland, 20th August 2025, Chainwire

By Chainwire·Published August 20, 2025·Press Release

Press release Supplied by the company. Not written by TechBullion's editorial team.

Next Generation of Decentralized Applications

Ika, the fastest MPC network, today announced a Request for Proposals (RFP) designed to showcase applications that were not possible before, and are not possible anywhere else today. By letting Sui smart contracts natively control assets across other blockchains, Ika unlocks entirely new design spaces for builders.

Why it’s only possible on Ika + Sui

Ika’s zero-trust MPC network, with its novel 2PC-MPC cryptographic scheme, integrates directly with Sui, turning Sui into a global coordination layer for secure, programmable cross-chain actions – without bridges, wrapped assets, or custodians. Sui builders can now orchestrate native assets from Bitcoin, Solana, EVM, and more, opening entirely new product categories rather than incremental upgrades – and while always keeping the user in control.

“These use cases are extraordinary, and they highlight Sui’s role as the global coordination layer for Web3 and beyond” said Adeniyi Abiodun, Co-Founder and Chief Product Officer at Mysten Labs. “With Ika, Sui developers can now orchestrate assets and logic across ecosystems in ways that were never before possible.”

Breaking New Ground Across Categories

The first wave of Ika RFP highlights twelve projects that push into design spaces only Ika + Sui can unlock, for example:

1. Reinventing Finance with Native Assets

Ika enables DeFi primitives that work directly with assets like BTC and ETH, without wrapping or custodians.

2. Redefining Ownership and Marketplaces

Ika extends what can be transferred, traded, and valued across chains.

3. Next-Gen Infrastructure for Users, DAOs, and AI

By enforcing rules at the dWallet level, Ika + Sui make new models of coordination possible.

Together, these projects demonstrate how Ika + Sui are not improving existing categories. They are creating entirely new ones.

Invitation to builders

Selected proposals will receive funding, technical support, and ecosystem visibility to ship production-grade applications that prove what’s only possible on Ika + Sui.

“We’re incredibly excited to expand the pool of builders working with Ika,” said David Lachmish, Co-Founder of Ika. “The projects in this RFP are more than experiments, they have the potential to become the next wave of crypto giants, powered by capabilities that simply don’t exist anywhere else.”

About Ika

Ika is the fastest parallel MPC network, offering sub-second latency, unprecedented scale and decentralization, and zero-trust security. As the premier choice for interoperability, decentralized custody, and chain abstraction, Ika is set to revolutionize digital asset security and multi-chain DeFi. Users can learn more here.

Contact

Ika PR
[email protected]

Company-submitted announcement. Visit their site for details.