BlockBeats News, August 13, Offchain Labs announced the acquisition of the smart account development team ZeroDev. ZeroDev currently supports over 5 million smart accounts, covering more than 30 chains, providing tools for several crypto projects including ApeCoin, Conduit, Crossmint, and others.

The purpose of this acquisition is to meet the growing demand for on-chain infrastructure, promote the on-chain adoption of large institutions and consumer applications, and work in conjunction with the previously launched universal intent engine to achieve fast cross-chain transactions and a seamless user experience.