Cosmos Taps Peersyst to Power Digital Ledger Infrastructure Across Latin America and Spain
Financial institutions across Latin America are committing to digital ledger infrastructure. Fireblocks' 2026 Financial Grid survey of 600+ financial institutions and corporates found that 41% of Latin American financial institutions had already committed budget for digital asset infrastructure before 2026 began. 50% are investing $1 million or more over the next 12 months, more than three times the 15% reported in the United States. According to IMARC Group, the region's blockchain-in-financial-services market was $680 million in 2025 and is projected to grow at a 28% CAGR through 2034.
With institutional commitment well underway, the timing was right for Cosmos and Peersyst to formalize their partnership to bring blockchain infrastructure to central banks, financial institutions, and governments across LATAM and Spain.
The scope of the partnership
The agreement builds on a collaboration between Cosmos and Peersyst that goes back several years. Peersyst built the XRPL EVM sidechain on the Cosmos DLT stack, adding smart contract functionality and cross-ledger interoperability to the XRP Ledger. Within six months of launch, the network had supported more than $358 million in tokenized assets. Now, Peersyst is an official provider of Cosmos-based solutions for central banks, financial institutions, and governments across Latin America and Spain.
“This agreement reflects the trust and momentum built through a multi-year collaboration between Cosmos and Peersyst.”
Barry Plunkett, Co-CEO of Cosmos.
That means Peersyst is now the partner institutions in the region can work with when they decide to build on the Cosmos Stack, covering everything from initial deployment to ongoing integration and support.
Peersyst specializes in deploying, integrating, and providing technical support for blockchain-based systems, with a track record of delivering solutions inside regulated environments. Through this partnership, Peersyst will work directly with organizations looking to build on the Cosmos stack, pairing Cosmos' ledger technology with its own implementation support. The goal of these combined strengths is to help institutions adopt and implement digital ledger solutions quickly and conveniently.
"Regulated institutions in Latin America and Spain are moving from evaluation to large-scale deployment, and they need partners who understand both the technology and the environment. The Cosmos stack is the industry-leading DLT software, and this agreement gives us the framework to bring it to more institutions across the region."
Ferran Prat, CEO at Peersyst Technology
About Peersyst and Cosmos
Peersyst is a blockchain development company based in Barcelona, Spain, specializing in the design and implementation of institutional-grade blockchain solutions for governments, financial institutions, and enterprises, with a focus on CBDC research, tokenization, and digital infrastructure modernization.
Cosmos was established in 2016 as a neutral, open-source digital ledger stack for businesses, built to advance global financial systems with resilient blockchain technology. Today, the Cosmos stack powers 150+ blockchains across finance, payments, and global business, giving institutions and governments the tools to build and scale their own ledger solutions.
