SVRN, a company listed on Nasdaq, has acquired FastNEAR, a provider of RPC, archival, and data infrastructure services for the NEAR blockchain network. The acquisition marks SVRN's first operational business outside its asset-reserve operations. FastNEAR processes over 3.5 billion requests monthly and manages more than 100 terabytes of data. The existing FastNEAR team will continue to operate the services, and the co-founders will join SVRN. The company plans to invest in enhancing system reliability and expanding service capacity, signaling growth in blockchain data infrastructure.
The Nasdaq-listed company SVRN's acquisition of FastNEAR provides context for blockchain-related market activity. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 11, 2026 13:51 WIB: Among 50 major cryptocurrencies tradable on Pluang, 20 rose and 29 fell today. Notable movers include NEO, priced at Rp47.003 with a 1-day change of +7.67% and 100% buy order activity; SAND at Rp1.163 with a -5.87% change and balanced sell/buy orders; and FIL at Rp19.476 with a -5.72% change and 70% buy order activity.
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