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The Interchain Foundation (ICF) has acquired Skip, a 20-person team deeply embedded in the Cosmos ecosystem, signaling a transformative shift in its operational model. The acquisition establishes a new subsidiary, Interchain Inc., which will oversee product development, ecosystem strategy and execution, led by Skip co-founders Barry Plunkett and Maghnus Mareneck.

The move departs from ICF’s previous model of funding independent teams to develop parts of the Cosmos stack. Instead, it centralizes development efforts to align work across the Cosmos Hub, its tech stack and the broader… Read more on Blockworks