Securitize’s SCOPE Fund Goes Multichain, Sui PTBs vs EIP-7702, EthCC 2025 Recap, Fusaka Hard Fork Scheduled

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We are welcoming you to our weekly digest! Here, we discuss the latest trends and advancements in account abstraction, chain abstraction and everything related, as well as bring some insights from Etherspot’s kitchen.

The latest news we’ll cover:

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Securitize’s SCOPE Access Fund Goes Multichain

Securitize has upgraded its tokenised feeder fund, the SCOPE Access Fund, to support native issuance, subscriptions, redemptions and daily NAV pricing on both Ethereum and Optimism.

The fund, which offers exposure to Hamilton Lane’s Senior Credit Opportunities strategy, now leverages Wormhole’s interoperability protocol to enable seamless movement of fund tokens across chains. Wormhole will convert bridged assets into yield-bearing tokens and share net yield among liquidity providers, developers and end users, removing the need for manual bridges or multiple wallets.

Originally launched in 2022 to democratise private credit markets, the SCOPE Access Fund has been enhanced with on-chain capabilities including instant subscriptions and on-demand redemptions. As the official multichain partner, Wormhole will power unified liquidity pools and composable integrations, transforming the fund token into an interoperable building block for DeFi applications.

Robinson Burkey, co-founder of Wormhole Foundation, emphasized that this partnership demonstrates infrastructure maturity needed for institutional-scale tokenized assets. Michael Sonnenshein, COO of Securitize, added that combining Hamilton Lane’s investment expertise with Wormhole’s multichain rails addresses institutional demands for compliance and scalability.

With this upgrade, investors can access institutional-grade credit strategies without chain-specific constraints, while developers can integrate the fund into decentralised applications across multiple networks.

Comparing Sui’s PTBs and Ethereum’s EIP-7702

In a recent article, Sui’s Programmable Transaction Blocks (PTBs) are compared to Ethereum’s EIP-7702, presenting two distinct composability paradigms.

PTBs allow multiple operations to execute atomically within a single transaction, ensuring that a failure in any step aborts the entire sequence and simplifying developer debugging and security. This clean-slate, distributed-systems-inspired design offers high flexibility and scalability tailored for Web3 applications.

By contrast, EIP-7702 adopts an evolutionary approach within Ethereum’s existing framework, introducing a temporary smart-contract field that enhances account abstraction compatibility without requiring a protocol overhaul. Co-authored by Vitalik Buterin, EIP-7702 improves developer and user workflows by enabling richer interactions with legacy externally owned accounts.

The analysis highlights that while PTBs deliver a purpose-built architecture optimised for future decentralised applications, EIP-7702 provides incremental improvements that leverage Ethereum’s established infrastructure. Ultimately, the article suggests that the choice between a bold new transaction model and an incremental upgrade will shape the future of blockchain composability.

EthCC 2025 Recap: Stablecoins & Chain Abstraction Focus

EthCC 2025 in Cannes marked a turning point for Ethereum’s community, blending the glamour of yacht-side networking with in-depth technical workshops.

A recurring theme was the rise of stablecoins as a grounding force in DeFi. Panels and demos emphasised their role as monetary infrastructure, with regulators, institutions and builders converging on reliable fiat-on-chain solutions.

Chain abstraction emerged as a major focus, with a dedicated block of sessions exploring how to unify user experiences across networks. Here are the highlights:

Michael Meselle, Etherspot: “Towards a Blockchain-Agnostic Future: The Case for Advanced Chain Abstraction”.

Alex Bash, Zerion: “Unifying Ethereum’s UX with Abstraction and Intents”.

Derek Rein, Renown: “ERC-7811: Stablecoinchain Abstraction in Production”.

James Wo, DFG: “There’s No Web3 Future Without Chain Abstraction”.

EthCC 2025 underscored Ethereum’s maturing role: no longer just the most exciting layer, but the one builders trust to underlie a multi-chain, user-centric ecosystem. As the industry balances influence and accessibility, the push for seamless, composable infrastructure remains paramount.

Fusaka Hard Fork Scheduled for Early November

Ethereum core developers have provisionally set early November for the Fusaka hard fork, six months after the Pectra upgrade introduced account abstraction and improved L2 efficiency.

The Fusaka devnet launch is slated for next Wednesday, with eleven Ethereum Improvement Proposals — among them EIP-7825 for enhanced security and a proposed raise of the gas limit to 150 million — scheduled for inclusion. To accelerate testing, EIP-7907 (code-size doubling) and the EVM Object Format change have been removed from Fusaka’s scope.

Two public testnets will roll out in September and October, leading to the mainnet activation in early November. Community member Nixo stressed the need for a tight timeline to hit Devconnect in Buenos Aires from November 17–22, urging clients to prepare releases within the next six weeks. Validators have also voiced support for raising the Layer 1 gas limit to 45 million, a move backed by roughly half of stakers, according to Vitalik Buterin’s recent X post.

Following Fusaka, the Glamsterdam upgrade — aimed at halving slot times to six seconds and further boosting throughput — will have its feature set confirmed at the AllCoreDevs Execution meeting on August 1, with a tentative launch in 2026. Proponents argue that shorter slots will reduce confirmation latency, enhance censorship-resistance, and foster healthier block-building markets.

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