According to a press release from the new x402 Foundation, which will run under the auspices of Linux Foundation: "Under Linux Foundation governance, the x402 protocol will remain vendor neutral, fostering transparent, community-driven growth, ensuring accessibility, and supporting sustainability." The move could make the x402 protocol, which makes it easy for agents to make payments using a connected crypto wallet, less identifiably associated with Coinbase, seen more as an open industry standard.