News linked to both this project and an event.
: Celestia Labs has announced the acquisition of Sovereign Labs, a developer of high-performance blockchain frameworks. Since 2021, Sovereign Labs has been deeply involved in the Celestia ecosystem, with its framework providing underlying support for projects such as the cross-chain bridge Relay Protocol and the high-performance perpetual contract trading platform Bullet. Following this acquisition, Celestia Labs' technical capabilities will extend from Layer 1 to the execution and application layers, positioning it as a full-stack custom blockchain development partner for enterprises. As projects like Hyperliquid, Polymarket, and Robinhood have chosen to build their own chains, enterprise demand for full-stack blockchain infrastructure is growing.
According to the introduction, the platform is built on open-source technology and W3C-standard compliant Verifiable Credentials, enabling citizens to securely prove and manage their own identities while upholding high standards of privacy, security, and data sovereignty. Regarding the division of responsibilities, SIGN Foundation will lead the platform's system design, solution architecture, and technical implementation; Bhutan NDI will contribute its experience in national digital identity architecture and provide a foundational open-source identity framework, drawing on the successful implementation experience of the Bhutan National Digital Identity project; MoCTI will provide strategic leadership, policy direction, and cross-government agency coordination to support nationwide implementation.
According to TechFlow Research, Goldman Sachs' June 30 AI Project Pulse Monthly Report shows that 7 major transactions tracked in June totaled nearly $7 billion. Argentum AI signed a $4.1 billion contract to deploy 27,000 GB300 GPUs for a leading AI company, supported by a 300MW Poland data center, going online in phases in 2026; India's Yotta Sovereign Cloud procured $2 billion worth of 20,736 B300s and 5,120 B200s, subsequently expanding to six Southeast Asian countries. Crypto mining farm AiOnX acquired 77% equity of Genesis Digital Assets for $500 million, converting 1.3GW of power from 15 mining farms to AI computing power. CoreWeave and Dell built the world's first fully validated Vera Rubin NVL72 rack, with 72 Rubin GPUs plus 36 Vera CPUs; NVDA confirmed mass production in the second half of 2026. SMCI raised $7 billion to address approximately $39 billion in backlog orders, covering more than 20 clients, with funds used to lock in upstream components in advance. Goldman Sachs simultaneously raised its global server market size forecast.