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As part of efforts to consolidate infrastructure within the Cosmos ecosystem, Cosmos Labs has acquired blockchain explorer Mintscan and established a new subsidiary in Seoul, according to industry reports. The move aims to bring essential network tools under one roof to improve efficiency and operational coherence across Cosmos-based projects.
Mintscan is a leading platform for exploring transactions and data on the Cosmos network, and its acquisition fits a broader push to strengthen technical infrastructure. Setting up the subsidiary in Seoul, a major Asian tech hub, is seen as a strategic step to expand regional presence and attract local talent, although the direct impact on the broader crypto market remains limited.
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