Terraform Labs (TFL) has announced the acquisition of Pulsar Finance, a leading data infrastructure provider and multi-chain portfolio manager. This merger marks a significant milestone in the expansion of Terraform Labs’ capabilities and its commitment to delivering high-quality applications in the cross-blockchain space.
The centerpiece of this acquisition is the integration of Pulsar’s flagship product, Portfolio, directly into Station, Terraform Labs’ wallet designed to operate on multiple blockchains.
With this merger, Station users will have access to a unified dashboard that will allow them to track the performance of their tokens, as well as manage their DeFi and NFT positions across various chains, all from one convenient place.
1/ We're thrilled to announce that TFL has acquired @PulsarFinance, a leading cross-chain portfolio manager and data infrastructure provider 🎉https://t.co/8prSU4XKUw
What does this mean for the Terra ecosystem? 🧵 ⤵️
— Terra 🌍 Powered by LUNA 🌕 (@terra_money) November 13, 2023
Foundation Vows to Make Terraform Labs One of the Most Efficient Blockchains for Developers
Pulsar Data offers structured and trusted blockchain data to the Terra developer community, from token information to smart contract data, accessible through APIs and SDKs that simplify data integration.
Chris Amani, CEO of Terraform Labs, expressed his excitement about this acquisition, highlighting that it will not only enrich TFL’s technology stack, but will also bring a highly talented team led by three innovative entrepreneurs with a proven track record of development and launch success. Of applications.
Merging products and teams not only improves efficiency and accessibility for Terra developers, but also alleviates a significant financial burden.
The combination of Foundation and Pulsar Data eliminates the need for Terra teams to spend resources on expensive infrastructure, allowing them to redirect capital toward product improvements that contribute to business and ecosystem growth.
With more than 20 Pulsar Finance professionals joining Terraform Labs, the shared vision of making Web3 easy and accessible for everyone is consolidated.
This acquisition not only represents a technological synergy, but also a step forward towards Terra’s centrality in Web3 commerce, promising a bright future in terms of growth and innovative development in the blockchain ecosystem.
