Cosmos' Interchain Foundation acquires Skip, Ethan Buchman steps down from foundation leadership role
The Interchain Foundation, the Swiss non-profit organization that manages the development of Cosmos, has announced the acquisition of interoperability startup Skip, which will be renamed Interchain Inc and become the new main subsidiary of ICF. ICF will continue as a Swiss foundation. In addition, Interchain co-founder Ethan Buchman will step down from his leadership role in the Swiss non-profit organization and continue to contribute to the ecosystem as a co-founder. The new phase will be achieved by combining Cosmos Hub and Stack. The new goals and vision of Cosmos will be realized.