Cosmos Labs Acquires Mintscan and Team to Accelerate Ecosystem Development

Cosmos Labs is bringing the core shared infrastructure of the Cosmos blockchain ecosystem under one roof.

The company announced the acquisition of the Mintscan product suite and the formation of Cosmos Labs Korea, a Seoul-based subsidiary that will take on long-term stewardship of Skip:Go, IBC Eureka, and Mintscan, three of the ecosystem’s vital infrastructure components. The new team will also steward the Cosmos Hub blockchain’s roadmap. They will assume oversight of Ecosystem Products at Cosmos Labs, alongside Cosmos Labs’ Ecosystem Lead, Robert Renier.

The move brings team members from Mintscan into the Cosmos Labs organization. Cosmos Labs Korea will be led by Una Yu (“Grace”) as managing director alongside Mintscan’s existing leadership. The other business lines of Cosmostation and Stamper, such as the validator business, are not included in this acquisition.

Co-CEO Barry Plunkett said the deal closes a long-standing gap between Cosmos’ founding vision and its operational reality. With the rest of the Cosmos Labs team focused on institutional products, he described the acquisition as an opportunity to resource the ecosystem’s infrastructure the way it deserves. “Cosmos built the blueprint for a sovereign, interoperable internet of blockchains,” Plunkett said. “What we’re doing now is making sure the infrastructure lives up to that vision.”

One Team, Mission-Critical Ecosystem Products

The team will tackle this commitment across two parts: the Cosmos ecosystem’s growth-critical infrastructure (IBC Eureka, Skip:Go), and the ecosystem primitives users and builders rely on every day (Mintscan and other explorers, wallets, liquidity venues, and supporting tooling). Bringing them into a single team, Cosmos Labs says, creates a unified platform that is easier to maintain, more efficient to scale, and simpler to offer to institutional partners and ecosystem builders.

The consolidation also frees up engineering capacity to support the Cosmos Hub blockchain roadmap, including a hub-native liquidity layer, privacy primitives for retail and institutional use, and expanded IBC Eureka connectivity to Ethereum L2s and Solana.

Delivering on the Cosmos Mandate

Cosmos Labs has three mandates: developing products and solutions for institutions, supporting the open source Cosmos stack technology, and stewarding the public infrastructure and tools that the Cosmos blockchain ecosystem requires. The acquisition of Mintscan and team expansion provides the resources for the team to deliver in all three areas.

The new team will also focus on positioning the Cosmos Hub blockchain to capitalize on a growing opportunity around the emergence of institutional DeFi over IBC, which Cosmos Labs says has become every bit as consequential as the enterprise adoption, open source, and tokenization work that the team is also focused on.

The leading digital ledger companies with market traction are largely ones working toward institutional and real-world asset use cases, and many are built on the Cosmos stack. Injective has become one of the largest venues for on-chain stocks and is bringing the $200 billion music IP industry on-chain with Musicow. Figure went public in September 2025 and now holds more than $15.3 billion in tokenized assets on Provenance. Polygon Payments, Cronos, Lombard and Stable are each building tokenized payment rails.

Growing Regional Presence in APAC through a South Korean Expansion

The joining of the new team members in South Korea is also the opening move in a broader global expansion. South Korea has historically been one of Cosmos’s strongest markets, and the Mintscan team has been embedded in the South Korean Cosmos community for over a decade. Their long history of contributions to Cosmos includes developers, validators, and operators.

Yu said she sees the subsidiary as something bigger than a regional office. “Cosmos has always been a global ecosystem,” she said. “Now it has an APAC expansion to make its development and product team truly global. APAC is the fastest-growing region for blockchain adoption in the world, and we intend to be at the center of what comes next.”

The expansion of Cosmos’s team into South Korea gives the company a direct presence across the two regions it sees as most consequential for institutional adoption. For more information about Cosmos Labs, visit cosmos.network.