Ink upgrades to OP Enterprise Fully Managed Service, signs multi-year partnership

Odaily Planet Daily News: Ink, an Ethereum Layer 2 network incubated by Kraken, has reached a multi-year infrastructure agreement with Optimism to upgrade to OP Enterprise Fully Managed.

According to the agreement, Optimism will be responsible for running Ink's production infrastructure, while the Ink Foundation will focus on ecosystem growth and new financial products. Additionally, Ink will also serve as a deep design partner for OP Enterprise, jointly advancing roadmap plans such as programmable block building, one-day Ethereum withdrawals, and sequencer-level compliance tools.

Currently, applications built on the Ink network have an annual revenue of nearly $40 million. This partnership makes Ink the latest exchange-related blockchain network to join this fully managed layer service, following Bitpanda's Vision Chain. (The Block)