Blockchain firm Celestia Labs has acquired Sovereign Labs, a blockchain infrastructure firm centered on application-specific networks. This settlement will allow Celestia to supply enterprises a broader vary of blockchain growth companies, from L1 infrastructure to execution and utility layers.
Sovereign Labs was based in 2021 and has turn into one of many main tasks within the Celestia ecosystem. Its Sovereign SDK is used to construct high-performance customized blockchains. This expertise powers bridge relays and everlasting substitute valets.
As a part of the acquisition, Sovereign Labs co-founder Preston Evans will turn into Celestia Labs’ CTO.
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