Sanctum has acquired Ironforge, enhancing its service offerings beyond liquid staking tokens with this all-cash deal. Founded by Italo Casas, Ironforge specializes in Solana infrastructure, particularly for transaction landing on the network. With this acquisition, Sanctum intends to establish transaction infrastructure as a new business vertical. Sanctum, which gained attention in mid-2024 through Solana’s startup incubator, previously focused on liquid staking tokens, particularly its INF product representing tokenized staked SOL. The acquisition follows Sanctum's realization of the challenges involved in executing transactions on Solana, especially highlighted by network congestion during a significant event involving Donald Trump. To tackle these issues, Sanctum decided to collaborate with established experts in the field, leading to the partnership with Ironforge. This signifies Sanctum's first venture into a non-LST business area, expanding its operational capabilities and addressing critical infrastructural challenges.

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