Celestia Labs Acquires Sovereign Labs, a Developer of High-Performance Blockchain Frameworks
Svmuu News: Celestia Labs announced that it has acquired Sovereign Labs, a developer of high-performance blockchain frameworks. Since 2021, Sovereign Labs has been deeply involved in the Celestia ecosystem, and its framework has provided underlying support for projects such as the cross-chain bridge Relay Protocol and the high-performance perpetual contracts trading platform Bullet. Following this acquisition, Celestia Labs’ technical capabilities will extend from Layer 1 to the execution and application layers, positioning the company as a full-stack, custom blockchain development partner for enterprises. As projects such as Hyperliquid, Polymarket, and Robinhood have successively chosen to build their own blockchains, demand for full-stack blockchain infrastructure among enterprises is growing.
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Source:Odaily · Source Link
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