SVRN Acquires FastNEAR to Expand NEAR Infrastructure Operations
MT newswire2026/10/08 20:5304:53 PM EDT, 10/08/2026 (MT Newswires) -- SVRN (SVRN) said Thursday it acquired FastNEAR, a provider of remote procedure call infrastructure, in its first acquisition since becoming SVRN. The company said the infrastructure applications on NEAR Protocol used to read information from the network and submit transactions to it. FastNEAR is now a wholly owned SVRN subsidiary, while co-founders Evgeny Kuzyakov and Mike Purvis have joined SVRN. Financial terms were not disclosed. SVRN said it plans to invest in FastNEAR's infrastructure and develop additional products and services.
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