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Nirvana Labs acquires multi-chain query and execution platform Vektor

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#DeFi
TechFlow
463Words
Sep 12, 2024

Breaking news from TechFlow reveals that the Web3 company Nirvana Labs has announced the acquisition of the multi-chain query and execution platform Vektor to enhance its cloud computing services for the blockchain and crypto industry. This acquisition aims to enable Nirvana Labs to offer Vektor's on-chain workflows as a hosted service, providing developers with multi-chain capabilities for data collection and execution.

Vektor's integration supports over 15 chains and more than 50 protocols, allowing developers to easily and efficiently query, compose, and execute activities across multiple blockchains. This includes reading and executing exchanges, cross-chain transactions, borrowing, and more on platforms like Curve, Balancer, and Uniswap v3.

It is reported that Nirvana Cloud is currently utilized by renowned crypto companies such as Chainlink, BitGo, Goldsky, Thirdweb, and Pairpoint.

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