The Graph Foundation awarded a $60 million grant to StreamingFast to get it to join its ecosystem for indexing the decentralized internet for search purposes.
It’s the closest thing to an acquisition in the decentralized web business, but it doesn’t quite count as one. Under the deal, StreamingFast will join as a core developer in The Graph’s ecosystem. But StreamingFast will retain ownership over its brand and personnel, and it will become a core protocol developer and open source contributor in The Graph’s ecosystem.
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