Celestia Labs acquires Sovereign Labs to expand into full-stack customizable blockchain development
Foresight News reported that Celestia Labs announced via Twitter that it has acquired the high-performance blockchain framework developer Sovereign Labs. Since 2021, Sovereign Labs has been dedicated to the Celestia ecosystem, with its framework providing foundational support for projects such as the cross-chain bridge Relay Protocol and the high-performance perpetual contract exchange Bullet. Preston Evans, co-founder of Sovereign Labs, has been appointed as CTO of Celestia Labs.
Following this acquisition, Celestia Labs will expand its technical capabilities from Layer 1 to the execution and application layers, becoming a full-stack, enterprise-focused customizable blockchain development partner. Celestia Labs stated that as projects like Hyperliquid, Polymarket, and Robinhood successively choose to build their own chains, enterprise demand for full-stack blockchain infrastructure is rapidly increasing, and this acquisition aims to fill that gap in the market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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