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Base has acquired the talent behind Iron Fish to enhance its privacy-focused blockchain solutions, while Iron Fish remains independent.
What’s the Scoop?
- Strategic Acquisition: Coinbase-backed Layer 2 project Base has acquired the Iron Fish development team to bolster its privacy efforts.
- Scope of Acquisition: The acquisition involves only the team, not the Iron Fish blockchain or its native token.
- Iron Fish's Independence: Despite the team joining Base, Iron Fish remains independent, and its governance and mainnet continue unchanged.