Celestia Labs acquires Sovereign Labs, a developer of high-performance blockchain frameworks
2026-07-15 15:38
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, and its framework has provided 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, making it a full-stack custom blockchain development partner for enterprises. As projects like Hyperliquid, Polymarket, and Robinhood have successively chosen to build their own chains, the demand for full-stack blockchain infrastructure among enterprises is growing.
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