Skip Protocol
Skip Protocol is a blockchain infrastructure company building Skip Connect, a native oracle solution that lets Cosmos / IBC chains broadcast on-chain and off-chain data in real time for protocol developers and zone teams.
- Company typePrivate
- Founded2022
- HeadquartersBrooklyn, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Skip Protocol does
Skip Protocol is a private blockchain infrastructure company founded in 2022 and headquartered in Brooklyn, New York. Its flagship product, Skip Connect, is a native oracle solution that enables blockchains to broadcast both on-chain and off-chain data in real time, addressing interoperability and data-availability needs inside the Cosmos / IBC ecosystem. The company's primary customers are blockchain developers, protocols, and Cosmos-zone teams that require reliable cross-chain data feeds and event broadcasting without relying on external oracle networks. Business model specifics are not disclosed in the available data; typical revenue mechanics for native oracle infrastructure at this stage involve protocol-level fees, grant funding, and integration agreements rather than enterprise SaaS contracts. Skip Protocol has recorded one institutional funding event to date, with Reciprocal Ventures participating in a 2023 round (no publicly disclosed dollar amount). The company operates with a small team in the 11-50 employee range, consistent with early-stage infrastructure tooling.
Skip Protocol firmographics
Firmographics- Name
- Skip Protocol
- Legal name
- Cosmos Labs
- Website
- https://skip.build
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Skip Protocol is a blockchain infrastructure company building Skip Connect, a native oracle solution that lets Cosmos / IBC chains broadcast on-chain and off-chain data in real time for protocol developers and zone teams.
- Ownership category
- akta.pro rank
Skip Protocol industry classification
Industry- Product category
- Blockchain Infrastructure
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Finance Services (6199)
- akta.pro primary industry
- Consortium Networks & Governance (network setup, onboarding, rules, node operations) (FSAPAIAB)
- akta.pro secondary industries
- Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ), Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL), Cross-Chain Messaging Protocols (general-purpose message passing) (FSAPAKAA)
Keywords
Where Skip Protocol is headquartered
LocationHeadquarters
- HQ city
- Brooklyn
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Skip Protocol business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Enterprise Blockchain Solutions and Advisory Services: Cosmos Labs provides blockchain advisory services to enterprises and governments. The company offers both full-service blockchain solutions tailored to organizational pain points and self-service options using open-source components. Revenue is generated through solution implementation, licensing, and consulting engagements.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
Skip Protocol product offering
Product offeringCore offering
Skip Protocol is documented as operating in the blockchain infrastructure space. The source content describes enterprise-grade blockchain products including a modular software stack (Cosmos SDK, CometBFT consensus engine, IBC Protocol for interoperability), bank-issued tokenized deposit services with real-time settlement, and digital ledger solutions for financial institutions and governments. The stack supports 150+ production chains, $70bn in secured assets, and integrates with external payment rails and core banking systems including Hogan, Fiserv DNA, and Silverlake.
Product overview
Cosmos is an enterprise-grade blockchain platform providing a modular, interoperable infrastructure stack for financial institutions and governments. The core portfolio consists of the Cosmos Stack (Cosmos SDK for application development, CometBFT for consensus, and IBC Protocol for cross-chain connectivity), complemented by Cosmos Tokenization Services for bank-issued tokenized deposits and Cosmos Ledger Solutions for institutional digital ledger needs. The platform supports 150+ chains with $70bn assets secured, enabling tokenization, payments, and digital currency capabilities with interoperability to external payment rails and core banking systems including Hogan, Fiserv DNA, and SilverLake.
Differentiator
Problem solved
Functional benefit
Brands
- Cosmos SDK: EVM-compatible software development kit for getting digital ledgers up and running
- CometBFT
- IBC Protocol
- Cosmos Hub
Products and services
- Cosmos SDK EVM-compatible software development kit for building digital ledgers and application-specific blockchains. Proven in production by 150+ customers.
- CometBFT Byzantine fault-tolerant consensus engine enabling 10,000+ transactions per second with sub-second transaction settlement, designed for high-demand financial use cases.
- IBC Protocol Industry's most secure and flexible interoperability technology enabling cross-chain communication between blockchain networks.
- Cosmos Tokenization Services Bank-issued tokenized deposits that integrate with existing core banking systems, featuring real-time settlement (including weekends and outside banking hours) and interoperability with external payment rails, banking consortia, and blockchain networks including Canton and Ethereum.
- Cosmos Ledger Solutions Enterprise-grade digital ledger infrastructure providing control, security, and scalability for financial institutions and governments requiring tokenization, payments, and digital currency capabilities.
Quantifiable outcome
- $20B+ home equity unlocked and 117 basis points operational cost savings for Figure platform
- +4 more outcomes
Companies that use Skip Protocol
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
Skip Protocol technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature5 records
Skip Protocol partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered flagship and core.
- ProgmatflagshipProgmat, backed by a consortium including Japan Exchange Group, SMBC, and Mizuho, achieved 48% share in Japan's regulated, tokenized asset issuance market in 2024 using Cosmos-based infrastructure.
- MintscanflagshipCosmos Labs acquired the Mintscan product suite and team to consolidate the ecosystem's shared infrastructure. Select Mintscan personnel joined the Cosmos Labs Ecosystem Team.
- FigureflagshipFigure uses Cosmos technology for its home equity platform. The company unlocked $20B+ in home equity across 253k HELOC loan customers and saved 117 basis points in operational costs through blockchain-powered automation.
- RippleflagshipRipple's XRPL EVM platform leverages Cosmos interoperability to tokenize $358M+ in assets. XRP token has been distributed to 60+ new blockchains through the partnership.
- Ondo FinanceflagshipOndo's regulated digital ledger platform for institutional tokenization and trading supports $2.5B+ in tokenized assets including U.S. Treasuries, built on Cosmos technology.
- Cosmos SDKcoreCore component of the Cosmos Stack - EVM-compatible SDK enabling organizations to build application-specific blockchains. Proven in production by 150+ customers.
- CometBFTcoreByzantine fault-tolerant consensus mechanism powering Cosmos with instant finality and 10,000+ TPS throughput for high-demand financial use cases.
- IBC ProtocolcoreInter-Blockchain Communication Protocol - the industry's most secure, flexible interoperability technology enabling cross-chain communication with other blockchain networks.
- Hogan (Oracle)corePre-built core banking adapter for Oracle's Hogan system enabling seamless integration with existing banking infrastructure.
- FiservcorePre-built core banking adapter for Fiserv enabling seamless integration with existing financial institution systems.
- SilverlakecorePre-built core banking adapter for Silverlake (Temenos) enabling seamless integration with existing banking infrastructure.
- CantoncoreInteroperability with Canton blockchain network for enhanced cross-chain capabilities and payment rail connectivity.
- EthereumcoreInteroperability with Ethereum blockchain including EVM compatibility enabling integration with the broader Ethereum ecosystem.
- Interchain FoundationcoreSwiss nonprofit responsible for treasury management, funding public goods and open-source technology, and supporting governance for Cosmos. Cosmos Labs is a wholly-owned subsidiary of the Interchain Foundation.
- Cosmos LabscoreWholly-owned subsidiary of Interchain Foundation that leads engineering and growth for Cosmos and provides blockchain advisory services.
Scale indicators12 records
Recent moves2 records
Expansion highlights2 records
Skip Protocol competitors and assessment
Company assessmentBroad incumbents
- Ethereum Foundation: Ethereum is the dominant public smart contract platform and is explicitly positioned against by Cosmos in its marketing (Cosmos vs. Ethereum L2 comparison). Ethereum's L2 ecosystem (Arbitrum, Optimism, Base) and EVM compatibility are direct competitive alternatives for enterprise tokenization and DeFi.
Direct peers
- Ripple (XRP Ledger): Ripple is both a flagship customer of Cosmos (XRPL EVM uses Cosmos interoperability) and a direct competitor in cross-border payments and tokenization. Ripple's enterprise blockchain strategy overlaps with Cosmos's institutional payments and tokenization thesis.
- Canton Network (Digital Asset): Canton Network is a permissioned blockchain designed specifically for institutional financial use cases, explicitly listed as an integration partner of Cosmos. It competes directly for the same institutional tokenization and digital asset infrastructure opportunity, backed by a major bank consortium.
- Polygon Labs: Polygon is listed as a trusted partner using Cosmos technology, but also competes directly as an enterprise-grade Ethereum L2/sidechain platform. Its Polygon CDK (Chain Development Kit) enables app-chain deployment similar to Cosmos SDK, targeting the same institutional and enterprise tokenization market.
- R3 Corda: R3 Corda is an enterprise-grade distributed ledger platform purpose-built for financial services, with established relationships at major global banks. It competes with Cosmos in the same institutional DLT infrastructure market for tokenization, payments, and digital asset use cases.
- Hyperledger (Linux Foundation): Hyperledger is an open-source enterprise blockchain consortium under the Linux Foundation, offering Fabric, Besu, and other DLT frameworks. It competes with Cosmos SDK for permissioned enterprise blockchain deployments at financial institutions and governments.
- Avalanche: Avalanche's subnet architecture enables institutions to launch custom blockchains with their own validators, directly competing with Cosmos SDK's app-chain thesis. Avalanche has actively courted financial institutions and governments for tokenization and digital currency initiatives.
Emerging players
- Chainlink: Chainlink is the leading blockchain oracle and cross-chain interoperability provider (via CCIP). It competes with IBC Protocol for the cross-chain messaging layer that institutional tokenization deployments require, and has launched its own tokenization initiatives.
- Ondo Finance: Ondo is a flagship customer running a regulated tokenization platform on Cosmos, but is also emerging as a competitive tokenized treasury/RWA platform in its own right. It represents both a key customer relationship and a potential competing tokenization infrastructure provider.
Regional players
- Figure: Figure is a flagship customer using Cosmos for its HELOC/home equity lending platform. It is also a direct competitor in blockchain-enabled lending, having built Provenance Blockchain as an alternative institutional lending infrastructure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights6 records
Customer concentration
Skip Protocol social profiles
Digital presenceSkip Protocol financial estimates
Financial estimateRevenue estimate
Valuation estimate
Skip Protocol leadership team
Management profileNumber of profiles
Skip Protocol subsidiaries and ownership
Company hierarchySubsidiaries1 record
Skip Protocol funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Skip Protocol M&A and investment
M&A and investmentM&A
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Skip Protocol
What does Skip Protocol do?
Skip Protocol is documented as operating in the blockchain infrastructure space. The source content describes enterprise-grade blockchain products including a modular software stack (Cosmos SDK, CometBFT consensus engine, IBC Protocol for interoperability), bank-issued tokenized deposit services with real-time settlement, and digital ledger solutions for financial institutions and governments. The stack supports 150+ production chains, $70bn in secured assets, and integrates with external payment rails and core banking systems including Hogan, Fiserv DNA, and Silverlake.
Is Skip Protocol a public or private company?
Skip Protocol is a private company. It is classified as venture growth investor backed and is currently operating.
When was Skip Protocol founded?
Skip Protocol was founded in 2022. It employs 11 to 50 people.
Where is Skip Protocol based?
Skip Protocol is headquartered in Brooklyn, United States, in the North America region.
How does Skip Protocol make money?
One revenue line is on record: enterprise Blockchain Solutions and Advisory Services.
Who are Skip Protocol's main competitors?
Ethereum Foundation is listed as a broad incumbent. Direct peers are Ripple (XRP Ledger), Canton Network (Digital Asset), Polygon Labs, R3 Corda, Hyperledger (Linux Foundation) and Avalanche. Emerging players are Chainlink and Ondo Finance. Figure is listed as a regional player.
Does Skip Protocol have an API?
No public API is recorded for Skip Protocol.
What industry is Skip Protocol in?
Skip Protocol's product category is Blockchain Infrastructure. Its primary akta.pro industry code is FSAPAIAB, Consortium Networks & Governance (network setup, onboarding, rules, node operations), with a secondary code of FSAPAIAJ, Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails). Its NAICS code is 51821 and its SIC code is 7370.