Investments continue to come in Web3 areas, which is one of the areas where companies serving in the field of crypto and Blockchain turn their direction.
Blockchain investment firm ConsenSys has acquired Hal to strengthen its Web3 dominance. Hal is an easy-to-use Blockchain tool.
ConsenSys Continues Its Investments in Web3
Ethereum development company ConsenSys has acquired Hal, which analyzes Blockchain data and provides services such as users’ trading and governance voting. In addition to these, Hal, a blockchain tool, also offers services such as tax compliance of companies.
With this acquisition by ConsenSys, 10 Hal employees will join the company. In addition, after the acquisition, the company will be able to have more data, thus allowing it to further strengthen its own infrastructure.
EG Galano, co-founder of Infura, shared that after the acquisition, it is time to create the new internet era. Additionally, Galano commented on the subject:
“Over the last few years, we have seen a new variant of renderer being developed that aims to use lower code or even no code-type tools at all, but with the same functionality that developers typically have.”
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