The long-rumored deal is now official! Lightyear, the company behind Stellar’s IBM partnership and products like StellarX, has bought Chain, another leading blockchain company. Chain builds enterprise products for financial organizations including Visa, Nasdaq, and Citigroup.
With the deal, Lightyear will triple in size and the Stellar ecosystem will add huge new partners and relationships. The new combined company is rebranding itself to become Interstellar and aims to bring many, many more businesses and developers to the Stellar platform. Adam Ludwin, Chain’s CEO and blockchain thoughtleader will become Interstellar’s CEO, while Jed will move to CTO.
SDF will remain independent, focusing on its original mandate.
You can read the full press release here for more details.
The 7th Stellar Build Challenge is complete! Thank you to everyone who provided feedback, support, and thoughtful discussions surrounding the build challenge. Discover the winners here!
The time has come for the network to upgrade to version 10 of the protocol! The target upgrade date is September 13. Please read for important details regarding the upgrade.
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