Celestia Labs Acquires Sovereign Labs, Developer of High-Performance Blockchain Framework

Odaily Odaily Planet Daily News: Celestia Labs has announced the acquisition of Sovereign Labs, a developer of high-performance blockchain frameworks. Since 2021, Sovereign Labs has been deeply involved in the Celestia ecosystem, with its framework providing underlying support for projects such as the cross-chain bridge Relay Protocol and the high-performance perpetual contract trading platform Bullet. Following this acquisition, Celestia Labs' technical capabilities will extend from Layer 1 to the execution and application layers, positioning it as a full-stack custom blockchain development partner for enterprises. As projects like Hyperliquid, Polymarket, and Robinhood have chosen to build their own chains, enterprise demand for full-stack blockchain infrastructure is growing.