NEAR Financial Company SVRN acquired NEAR infrastructure platform FastNEAR

According to official news, NEAR Financial Company SVRN has acquired the NEAR infrastructure platform FastNEAR. FastNEAR will join SVRN as a wholly-owned subsidiary, and its co-founders Evgeny (Eugene) Kuzyakov and Mike Purvis will also join the SVRN team.

The announcement states that FastNEAR is a high-performance RPC infrastructure provider behind NEAR applications, and it also supports most of the data layer for NEAR, including server clusters that handle network read and write operations, archival infrastructure that stores complete transaction history, and the data source NEARDATA for developers to process this history.