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Cosmos Labs, Peersyst Formalize Partnership to Supply Blockchain Infrastructure to Central Banks

NEW YORK, July 9. A formal partnership between Cosmos Labs and Peersyst makes Peersyst a designated provider of Cosmos-based solutions for central banks, financial institutions, and governments across Latin America and Spain, the companies disclosed July 9. The announcement formalizes Peersyst's role as a regional conduit for Cosmos technology into sovereign and institutional markets across both regions.

By Hannah Voss2 min read$ATOM
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Key takeaways

  • Cosmos Labs and Peersyst formalized a partnership on July 9 making Peersyst a designated provider of Cosmos-based solutions for central banks, financial institutions, and governments across Latin America and Spain.
  • The agreement establishes Peersyst as the solutions provider delivering Cosmos-based infrastructure to sovereign and institutional markets in those two regions.
  • The named client base is central banks and government bodies in Latin America along with financial institutions operating in Spain.
  • Cosmos is a blockchain network built on digital ledger technology and interoperability, and its native token trades as $ATOM.
  • The announcement disclosed no financial terms, timelines, or named executives.

NEW YORK, July 9. A formal partnership between Cosmos Labs and Peersyst makes Peersyst a designated provider of Cosmos-based solutions for central banks, financial institutions, and governments across Latin America and Spain, the companies disclosed July 9. The announcement formalizes Peersyst's role as a regional conduit for Cosmos technology into sovereign and institutional markets across both regions.

Scope of the arrangement

Cosmos Labs, the company behind the Cosmos digital ledger technology and interoperability protocol, said the agreement establishes Peersyst's standing as a solutions provider for those markets. The announcement carried no financial terms.

The stated client base spans two continents. Central banks and government bodies in Latin America, along with financial institutions operating in Spain, are the named targets for Cosmos-based infrastructure to be delivered through Peersyst.

Cosmos technology and $ATOM

Cosmos is a blockchain network built on digital ledger technology and interoperability. Its native token trades as $ATOM. The partnership gives that technology a formalized channel into government and central bank clients through Peersyst.

Peersyst, under the terms as disclosed, acts as the solutions provider for those markets. The geographic scope covers Latin America and Spain.

The source announcement did not disclose deal value, timelines, or named executives. No figures or quotes have been added.

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Frequently asked

What does the partnership between Cosmos Labs and Peersyst do?

It makes Peersyst a designated provider of Cosmos-based solutions for central banks, financial institutions, and governments across Latin America and Spain, formalizing Peersyst's role as a regional conduit for Cosmos technology into sovereign and institutional markets.

Which regions and clients does the arrangement target?

It targets central banks and government bodies in Latin America and financial institutions operating in Spain.

What is Cosmos and what is its token?

Cosmos is a blockchain network built on digital ledger technology and interoperability, and its native token trades as $ATOM.

Were any financial terms or deal details disclosed?

No; the announcement carried no financial terms, and the source did not disclose deal value, timelines, or named executives.

When was the partnership announced?

It was disclosed on July 9 from New York.