NEAR Treasury company SVRN completes acquisition of infrastructure platform Fast NEAR

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NEAR Treasury company SVRN Acquires infrastructure platform Fast NEAR

PANews October 10 According to the news, the official announcement states that NEAR Treasury company SVRN has completed its acquisition of NEAR infrastructure platform Fast NEAR Following the completion of the transaction, Fast NEAR became SVRN's wholly owned subsidiary, and its co-founders Evgeny (Eugene) Kuzyakov and Mike Purvis also joined SVRN Public information shows that Fast NEAR is a high-performance infrastructure services provider supporting the operation of NEAR applications, while also providing underlying support for most of RPC's data layer. Its business covers server clusters that process network read and write operations, archival infrastructure that stores the complete transaction history, and historical data processing data sources for developers NEAR NEARDATA。

Source: https://www.panewslab.com/zh/articles/01a125e0-729e-7040-a22e-c9e5c44b7cd5

Key points

NEAR Treasury company SVRN has completed its acquisition of infrastructure platform Fast NEAR.
Fast NEAR became SVRN's wholly owned subsidiary.
Fast NEAR Co-founders Evgeny (Eugene) Kuzyakov and Mike Purvis joined the SVRN team.
Fast NEAR provides high-performance infrastructure services supporting the operation of NEAR applications and RPC provides underlying support for most of NEAR's data layer.
Fast NEAR Its business includes server clusters, archival infrastructure, and historical data processing data sources NEARDATA。

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

This means that Fast NEAR's ownership has transferred to SVRN, and its two co-founders have joined the SVRN。Fast NEAR continues to be described as an infrastructure platform serving NEAR applications and data layers.

Why it matters to readers

Fast NEAR involves NEAR application operation, network read and write operations, transaction history storage, and historical data processing for developers.

RPC The infrastructure helps applications read and write network data; the archival infrastructure stores the complete transaction history.

Risks and unknowns

The materials do not provide the original text of the official announcement.
The acquisition terms, integration plan, and subsequent service arrangements are not described in the materials.

NEAR Treasury company SVRN completes acquisition of infrastructure platform Fast NEAR

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