Cosmos Labs, a company developing blockchain infrastructure and interoperability solutions, has expanded its partnership with Peersyst Technology, a blockchain integration provider for central banks and financial institutions.
The new agreement formalizes cooperation that has been developing for years. Under the partnership, Peersyst will deliver blockchain solutions built on the Cosmos technology stack for central banks, government agencies, and major financial institutions across Latin America and Spain.
One of Peersyst’s recent projects was the XRPL EVM sidechain, built using the Cosmos DLT stack. The network added Ethereum-compatible smart contracts and cross-chain interoperability to the $XRP Ledger. According to the companies, it reached more than $358 million in tokenized assets within six months of launch.
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cryptonews.net