Arbitrum Builder Offchain Labs Buys Prysmatic Labs, a Core Team Behind Ethereum’s Merge

According to Offchain Chief Technology Officer Harry Kalodner, the Prysmatic team will continue to maintain the Prysm client post-acquisition. “It is very much not an acquihire,” Kalodner told CoinDesk. “Gradually, as their time frees up,” said Kalodner, the Prysmatic team will “start to integrate more and spend more time developing the future of [layer 2].”

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