Cosmos Labs is pulling off something the Cosmos ecosystem has never seen: putting all its critical infrastructure under one roof. The organization announced on June 4 that it has acquired the Mintscan product suite and established a new Seoul-based subsidiary called Cosmos Labs Korea Co., Ltd., or CLK for short.
The move consolidates Mintscan’s block explorer, the Skip:Go interoperability tool, IBC Eureka, and the Cosmos Hub into a single operational structure.
What the deal actually looks like
Financial terms were not disclosed. What we do know is that more than 15 team members from Mintscan are joining Cosmos Labs through the new CLK entity.
Mintscan’s parent company, Stamper (also known as Cosmostation), retains its other business operations, including validator services.
