Terraform Labs, developer of the Terra blockchain, has acquired portfolio management and analytics startup Pulsar Finance.
According to today’s announcement, Pulsar’s analytics platform covers 96 networks and more than 700 protocols. Pulsar users can easily track the performance of different types of tokens, DeFi positions, and NFTs.
Pulsar’s main product, called Portfolio, will be integrated into Terraform’s cross-chain wallet, Station. Pulsar’s Data product will be combined with Terraform’s infrastructure tools.
Do Kwon, the former manager of Terraform Labs, was found guilty by the court in recent months. He was replaced by Terraform’s former COO, Chris Amani.
Terraform Labs continues to face legal challenges due to the collapse of its algorithmic stablecoin TerraUSD last year. The US Securities and Exchange Commission filed a lawsuit against the company for selling securities without a license.
Details of the agreement between Terraform and Pulsar Finance were not disclosed.
The article titled Terraform, Trying to Save the Sinking Ecosystem, Made a New Agreement was prepared by Selim Kuşçu and published on koinbulteni.com.