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Deloitte acquires blockchain infrastructure company Blocknative

MeNews
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ME News Report, May 20 (UTC+8), Deloitte announced on Tuesday that it has acquired the cryptocurrency infrastructure company Blocknative through an acquisition primarily focused on talent acquisition. According to the announcement, the Blocknative team will "focus on driving Web3 innovation within Deloitte's client ecosystem" in the future. Currently, the Blocknative official website displays an announcement stating that the company is "gradually ceasing operations." Its Blocknative API and Gas Network services will also be phased out, expected to continue operating until June 19. Blocknative was founded in 2018 and is a blockchain infrastructure company specializing in real-time mempool monitoring, Gas fee prediction, and transaction management. The company provides APIs and related tools to optimize on-chain transactions; its Gas Network is a decentralized oracle network that provides real-time Gas fee data. This move comes amid a wave of overall consolidation in the crypto ecosystem. It also coincides with traditional companies like Deloitte increasing their exposure to crypto. Deloitte now offers accounting, auditing, and other enterprise services to crypto companies. (Source: BlockBeats)
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