Celestia Labs, a blockchain firm, has acquired Sovereign Labs, a blockchain infrastructure firm targeted on application-specific networks. The deal will permit Celestia to supply firms a wider vary of blockchain improvement companies, from L1 infrastructure to execution and software layers.
Sovereign Labs was based in 2021 and has change into one of many predominant tasks within the Celestia ecosystem. Its Sovereign SDK is used to construct high-performance customized blockchains. The know-how powers a bridge Relay and a perpetual change Bullet.
As a part of the acquisition, Sovereign Labs co-founder Preston Evans will change into CTO of Celestia Labs.
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