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Helius, a Solana infrastructure company, has acquired Light Protocol, a project focused on onchain privacy, as consolidation accelerates across the broader crypto industry and developer interest in privacy-preserving transactions picks up again.
What the Deal Means on the Ground The acquisition brings Light Protocol's privacy tooling under Helius's umbrella.
Light Protocol's work centers on enabling transactions on the Solana blockchain ($SOL) to obscure details that would otherwise be visible to anyone reading the public ledger — a property the industry calls onchain privacy, meaning the logic and data live on the chain itself rather than being routed through an intermediary.
Helius sits at the infrastructure layer of Solana: the firm builds the developer tooling, node services, and application programming interfaces that projects use to interact with the network.
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