Interchain Foundation acquires blockchain solution provider Skip Protocol

ChainCatcher news, Interchain Foundation acquires blockchain solution provider Skip Protocol.

Interchain Foundation (ICF) is a Swiss non-profit organization dedicated to promoting interoperability and sustainable development within the Cosmos ecosystem. This strategic acquisition brings Skip's expertise in product, engineering, and overall coordination with the ecosystem and community into ICF.

After the acquisition, Skip will be renamed Interchain Inc., becoming a subsidiary of ICF, led by Skip co-founders Barry Plunkett and Maghnus Mareneck, who will be responsible for leading all product, protocol, and strategic development for the foundation. Its main goal is to promote the development of cross-chain native companies and developers, attract new users and capital liquidity, and drive technological achievements to enhance the competitiveness of the Interchain Stack.