Nasdaq-listed NEAR treasury company SVRN has completed its acquisition of FastNEAR, bringing a key infrastructure provider for the NEAR Protocol network under its ownership. FastNEAR is now a wholly owned SVRN subsidiary, giving the company a direct role in network operations beyond holding NEAR tokens in treasury. The provider supports wallets and applications by processing balance checks and transactions, storing transaction records, and supplying data to developers. It handles more than 3.5 billion requests a month on average and provides more than 100 terabytes of data. SVRN said it will increase investment to improve FastNEAR's reliability and throughput. Financial terms were not disclosed. The existing topic identified co-founder Evgeny Kuzyakov as joining SVRN, while SVRN's October 10 post named Eugene Kuzakov alongside Mike Purvis.