Deloitte acquires crypto infrastructure company Blocknative

BlockBeats News, May 20, Deloitte announced on Tuesday that it has acquired crypto infrastructure company Blocknative through a talent-focused acquisition. According to the announcement, the Blocknative team will now "focus on driving Web3 innovation within Deloitte's client ecosystem."

Currently, Blocknative's official website has posted a notice stating that the company is "gradually ceasing operations." Its Blocknative API and Gas Network services will also be gradually shut down and are expected to remain operational until June 19.

Founded in 2018, Blocknative is a blockchain infrastructure company specializing in real-time mempool monitoring, gas fee prediction, and transaction management. The company provides API and related tools to optimize on-chain transactions; its Gas Network is a decentralized oracle network designed to provide real-time gas fee data.

This move comes amid a wave of broader integration in the crypto ecosystem. It is also accompanied by traditional companies like Deloitte increasing their crypto exposure. Deloitte now offers accounting, audit, and other corporate services for crypto companies.