Coinbase-Incubated x402 Payments Protocol Moves to Linux Foundation for Open-Source Governance

Coinbase-Incubated x402 Payments Protocol Moves to Linux Foundation for Open-Source Governance

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The x402 payments protocol, originally developed and incubated by Coinbase, is being transitioned to neutral, open-source governance. This move is facilitated by the x402 Foundation, placing the protocol under the stewardship of the Linux Foundation.

The x402 Foundation is moving the x402 protocol incubated by Coinbase under neutral, open-source governance at the Linux Foundation.