Eco, a stablecoin infrastructure platform backed by a16z Crypto, has launched Programmable Addresses. This new feature allows developers to assign a single address that functions across Ethereum-compatible chains and Solana simultaneously, automating cross-chain fund routing.
Previously, users manually bridged, swapped, or redistributed crypto assets after receiving funds. This fragmented process is time-consuming and prone to error in multi-chain environments. Programmable Addresses embed execution logic directly into the address, enabling automated cross-chain routing, treasury consolidation, and payroll distribution without manual intervention.
"By making the address itself an execution environment, we are reducing the coordination overhead associated with cross-chain interactions," said Eco CEO Ryan Saxe. The system operates across EVM-compatible networks and Solana, abstracting away gas tokens, liquidity fragmentation, and reconciliation complexity.
Founded in 2018, Eco aims to make digital assets practical for daily financial activity. The firm is backed by investors including a16z Crypto, Expa, Pantera Capital, Founders Fund, and Coinbase Ventures.