NEAR Treasury Firm Buys the Data Behind 3.5B Requests

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Rommie Analytics

FastNEAR at a glance

Business: RPC, archival-data and developer infrastructure for NEAR.

Company-reported scale: More than 3.5 billion requests each month and over 100 TB of data.

Transaction: FastNEAR is now a wholly owned SVRN subsidiary; deal terms remain private.

FastNEAR handles the requests applications make

Most people using a wallet never see the infrastructure behind it. A balance check, an old-transaction search or a payment sent through an application all require a service that can retrieve data from the blockchain or submit information to it. FastNEAR provides those connections for the NEAR ecosystem.

SVRN’s October 8 announcement says FastNEAR operates servers that respond to requests to read from and write to NEAR, maintains archival infrastructure containing its transaction history and provides a developer data feed called NEARDATA. The company says the service handles more than 3.5 billion requests per month a...

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