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Arbitrum Builder Offchain Labs Buys Prysmatic Labs, a Core Team Behind Ethereum’s Merge

By acquiring the team behind Prysm, Ethereum’s most popular consensus layer client, Arbitrum is stretching its layer 2 tentacles down to Ethereum’s base layer.

Updated Apr 9, 2024, 11:36 p.m. Published Oct 12, 2022, 1:00 p.m.
The co-founders of Offchain Labs, the firm behind Arbitrum. (Offchain Labs)
The co-founders of Offchain Labs, the firm behind Arbitrum. (Offchain Labs)