Offchain Labs completed the acquisition of ZeroDev.

Offchain Labs, a tech company specializing in scaling solutions for the Ethereum blockchain, completed the acquisition of ZeroDev, a New York-based startup providing infrastructure for smart wallets and account abstraction in Web3 applications. Financial terms were not disclosed. "The ZeroDev team brings a depth of expertise in developer infrastructure that's rare to find, combining technical excellence with a deep understanding of the needs of web3 builders. Their platform has already made a major impact across the Ethereum ecosystem. Together, we are well-positioned to push forward a new era of onchain usability, helping developers create better experiences for users everywhere," Steven Goldfeder, Offchain Labs Co-Founder and CEO.