Celesti's acquisition of high-performance block chain developer

On 15 July, Celestia Labs announced that it had acquired the high-performance block chain developer Sovereign Labs. Since 2021, the latter has been ploughing the Celestia ecology, and its framework has provided bottom-up support for projects such as the Trans-chain Bridge Relay Protocol and the Bullet Platform for High Performance Sustainable Contract Trading. The technical capacity of Celestia Labs following this acquisition will be extended from Layer 1 to the executive and application levels to become an enterprise-oriented, customized block-chain development partner. With projects like Hyperliquid, Polymarket, Robinhood and others choosing to build their own chains, business demand for a whole block chain infrastructure is accelerating。