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      NEAR Treasury Company SVRN Acquires Infrastructure Platform FastNEAR

      PANews reported on October 10 that, according to an official announcement, SVRN, a NEAR treasury company, has completed the acquisition of FastNEAR, a NEAR infrastructure platform. Following the transaction, FastNEAR becomes a wholly owned subsidiary of SVRN, and its co-founders Evgeny (Eugene) Kuzyakov and Mike Purvis have also joined the SVRN team.

      Public information shows that FastNEAR is a high-performance RPC infrastructure service provider supporting the operation of NEAR applications, while also providing underlying support for most of NEAR's data layer. Its business covers server clusters handling network read/write operations, archival infrastructure preserving complete transaction history, and NEARDATA, a historical data processing data source for developers.


      Source: PANews
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud