Offchain Labs acquires ZeroDev, a smart account development team

According to Offchain Labs, the company has acquired the smart account development team ZeroDev. ZeroDev currently supports over 5 million smart accounts, covering more than 30 chains, providing tools for multiple cryptocurrency projects including ApeCoin, Conduit, Crossmint, and more. This acquisition aims to meet the growing demand for on chain infrastructure, promote the on chain application of large institutions and consumers, and collaborate with the previously launched universal intent engine to achieve fast cross chain transactions and seamless user experience.