Celestia Labs Adds Sovereign Labs

Celestia Labs, a blockchain firm, has acquired Sovereign Labs, a blockchain infrastructure firm targeted on application-specific networks. The deal will enable Celestia to supply corporations a wider vary of blockchain growth companies, from L1 infrastructure to execution and utility layers.

Sovereign Labs was based in 2021 and has turn out to be one of many essential 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 alternate Bullet.

As a part of the acquisition, Sovereign Labs co-founder Preston Evans will turn out to be CTO of Celestia Labs.

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