Offchain Labs Acquires Smart Account Development Team ZeroDev

According to news from HashiChain, Offchain Labs has announced the acquisition of smart account development team ZeroDev. ZeroDev currently supports over 50 million smart accounts across more than 30 chains, providing tools for multiple crypto projects including ApeCoin, Conduit, and Crossmint. This acquisition aims to meet the growing demand for on-chain infrastructure, promote the on-chaining of large institutions and consumer applications, and work in synergy with the previously launched universal intent engine to achieve fast cross-chain transactions and a seamless user experience.