Cosmos Labs, Peersyst, and LNET sign MoU
24 July 2026 US
Image: Iryna/stock.adobe.com
Cosmos Labs, a DLT and interoperability solutions provider, and blockchain development firm Peersyst Technology have signed a memorandum of understanding (MoU) with LNET, a non-profit orchestration layer for blockchain infrastructure, to collaborate on the CBWeb3 Project.
The project — funded by the Inter-American Development Bank Group’s venture capital arm, IDB Lab — plans to explore interoperability for central bank digital currencies (CBDCs) and tokenised financial assets throughout LatAm.
CBWeb3 intends to bring central banks and financial institutions together to assess how capable CBDCs are at flowing across both regional and country-specific networks while maintaining monetary sovereignty, security, and economic connectivity.
Cosmos Labs will provide its knowledge in interoperability, institutional-grade infrastructure, and one of the participating network environments used to test cross-network interoperability and cross-border settlement scenarios.
The overarching goal of the joint initiative is to develop a foundation for modernising LatAm’s financial infrastructure.
Regarding the collaboration, Mariana Kotik, chief strategy officer at LNET, says: “Cosmos Labs' contribution provides valuable infrastructure and interoperability expertise for these testing scenarios, as part of a broader multi-partner effort to generate practical evidence and shared learning for the future of cross-border financial infrastructure in LatAm and the Caribbean.”
Barry Plunkett, co-CEO of Cosmos Labs, comments: “Cosmos Labs is excited for the opportunity to help demonstrate how digital ledger technology can drive more efficient, transparent, and connected financial systems across LatAm.”
Ferran Prat, CEO of Peersyst, adds: “LatAm is leading in financial innovation, and this collaboration highlights the region's dedication to pioneering advanced solutions for monetary infrastructure.
“We look forward to providing resilient technology capable of supporting the demands of CBWeb3.”
The project — funded by the Inter-American Development Bank Group’s venture capital arm, IDB Lab — plans to explore interoperability for central bank digital currencies (CBDCs) and tokenised financial assets throughout LatAm.
CBWeb3 intends to bring central banks and financial institutions together to assess how capable CBDCs are at flowing across both regional and country-specific networks while maintaining monetary sovereignty, security, and economic connectivity.
Cosmos Labs will provide its knowledge in interoperability, institutional-grade infrastructure, and one of the participating network environments used to test cross-network interoperability and cross-border settlement scenarios.
The overarching goal of the joint initiative is to develop a foundation for modernising LatAm’s financial infrastructure.
Regarding the collaboration, Mariana Kotik, chief strategy officer at LNET, says: “Cosmos Labs' contribution provides valuable infrastructure and interoperability expertise for these testing scenarios, as part of a broader multi-partner effort to generate practical evidence and shared learning for the future of cross-border financial infrastructure in LatAm and the Caribbean.”
Barry Plunkett, co-CEO of Cosmos Labs, comments: “Cosmos Labs is excited for the opportunity to help demonstrate how digital ledger technology can drive more efficient, transparent, and connected financial systems across LatAm.”
Ferran Prat, CEO of Peersyst, adds: “LatAm is leading in financial innovation, and this collaboration highlights the region's dedication to pioneering advanced solutions for monetary infrastructure.
“We look forward to providing resilient technology capable of supporting the demands of CBWeb3.”
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