Sommelier partners with Mysten Labs to launch Cosmos smart contracts

Sommelier, a co-processing protocol to the 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.

Founded in 2020 by Zaki Manian, a core developer on the Cosmos protocol, Sommelier is a test-net protocol designed to deliver enterprise-grade automated financial transactions such as limit orders, batched orders and portfolio rebalancing to decentralized finance, or DeFi, traders and liquidity providers, or LPs.

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