[Robinhood, MetaMask, and Others Join the OTL Initiative: Addressing the Lack of Coordination Layer in On-Chain Finance] Odaily Planet Daily News – Robinhood, MetaMask, eToro, and several other institutions, along with Fireblocks, Checkout.com, Cross River Bank, Securitize, Wintermute, and others, have jointly announced their participation in the 'Open Transaction Layer (OTL)' initiative. The goal is to establish a unified transaction coordination protocol layer for on-chain finance. OTL is positioned as an open protocol stack designed to coordinate identity verification, compliance checks, transaction information transmission, and execution processes between wallets, institutions, and AI agents. This aims to address the current fragmentation and lack of integration in cross-institution interactions within on-chain finance. The current alliance members include payment companies, trading platforms, wallets, market makers, custodians, and stablecoin infrastructure providers, such as Robinhood, MetaMask, eToro, MoonPay, SoFi, Wintermute, and others, as well as public chain foundations like TON, Solana, Stellar, and Polygon. (Financefeeds)