Celestia says custom chain push will center on agentic payments and onchain markets

Celestia said CEO and co-founder Nick White released a video outlining the company’s recent acquisition of Sovereign Labs and its broader business shift. In that update, Celestia said its custom high-performance blockchain business will concentrate on two verticals: agentic payments and onchain markets. The company described agentic payments as infrastructure for high-frequency, high-volume microtransactions with instant settlement and no need to establish billing relationships. For onchain markets, Celestia said it wants to bring exchange throughput and latency to levels comparable with Binance and even Nasdaq. Celestia also said its go-to-market approach has changed. Rather than working mainly with startups and independent developers, it is now moving to serve large applications and enterprises that already have concrete business demand and distribution capabilities, while offering them full-stack blockchain infrastructure. Foresight News had previously reported that Celestia Labs acquired high-performance blockchain framework developer Sovereign Labs, and that Sovereign co-founder Preston Evans would become chief technology officer at Celestia Labs. Following the acquisition, Celestia said its technical reach will extend from Layer 1 into the execution and application layers.