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Fomo Acquires Mobula Technology to Strengthen Blockchain Infrastructure

Summarized from GlobalNewswire

Fomo has acquired Mobula Technology to bring critical on-chain infrastructure capabilities in-house, deepening its blockchain tech stack.

Fomo has acquired Mobula Technology in a move designed to internalize key on-chain infrastructure that the company previously relied on externally, according to an announcement distributed through GlobalNewswire. The deal signals a strategic shift for Fomo as it looks to own more of the technical backbone powering its blockchain-facing products and services.

By bringing Mobula's capabilities directly under its corporate umbrella, Fomo positions itself to reduce third-party dependencies that can create latency, cost inefficiencies, and potential points of failure in decentralized environments. Owning on-chain infrastructure in-house is increasingly viewed across the crypto industry as a competitive advantage, giving teams tighter control over data pipelines, API reliability, and protocol integrations.

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Mobula Technology has built a reputation for providing on-chain data tools and infrastructure that developers and platforms use to interact with blockchain networks. Its acquisition by Fomo suggests the buyer saw meaningful synergies between Mobula's existing technology and its own product roadmap, though specific financial terms of the deal were not disclosed in the announcement.

The transaction reflects a broader trend in the digital assets space, where companies are moving aggressively to consolidate critical technical layers rather than outsourcing them to independent providers. As competition intensifies across Web3 platforms, vertical integration of infrastructure is emerging as a key strategic lever for firms seeking resilience and differentiation.

Continue reading at GlobalNewswire.

Frequently Asked Questions

Q.Why did Fomo acquire Mobula Technology?

Fomo acquired Mobula Technology to bring critical on-chain infrastructure in-house, reducing reliance on external providers and gaining tighter control over its blockchain technology stack.

Q.What does Mobula Technology do?

Mobula Technology provides on-chain data tools and infrastructure that developers and platforms use to interact with blockchain networks.

Q.How much did Fomo pay to acquire Mobula Technology?

The financial terms of the acquisition were not disclosed in the announcement distributed through GlobalNewswire.

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