Celestia Labs Acquires Sovereign Labs, Names Co-Founder Preston Evans as CTO

Celestia Labs acquired Sovereign Labs on July 15, 2026, bringing together engineering talent and technology to expand blockchain infrastructure capabilities across the full stack. Six members of Sovereign Labs' engineering team joined Celestia Labs, with co-founder Preston Evans appointed as Chief Technology Officer.

The combined teams have launched more than 25 production blockchain networks. Sovereign Labs' technology includes the Sovereign Software Development Kit, which powers high-performance applications including Relay, a blockchain bridge that has processed more than $8.5 billion in transfer volume.