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SVRN acquires FastNEAR to expand its role in NEAR Protocol's network infrastructure.

Company Fundamentals
08 Oct 2026
PRNewsWire
View Source
Bullish
SVRN acquires FastNEAR to expand its role in NEAR Protocol's network infrastructure.

SVRN, Inc. has acquired FastNEAR, a key provider of RPC infrastructure for NEAR Protocol, making FastNEAR a wholly owned subsidiary. This acquisition strengthens SVRN's involvement in the NEAR ecosystem by adding critical network services used by developers and applications, handling over 3.5 billion requests monthly. SVRN plans to invest in FastNEAR's infrastructure to improve reliability and capacity while developing new products. This move enhances SVRN's strategy to actively operate and grow the NEAR network beyond managing digital assets.

SVRN's acquisition of FastNEAR provides context for readers interested in tech infrastructure. For readers following US stocks on Pluang, here is the market snapshot as of Oct 09, 2026 02:21 WIB: Out of 150 priced stocks, 76 rose and 73 fell. AMD traded at USD 615.57 with a 1-day change of -4.69%, NIO at USD 3.38 down 4.66%, and MRVL at USD 271.52 down 4.62%.

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