Farcaster co-founder Dan Romero announced that Neynar will acquire the decentralized social protocol and assume full control over its stack, including the protocol contracts, code repositories, official app, and Clanker client.
Romero and co-founder Varun are stepping away from daily operations after five years, saying Farcaster needs new leadership to realize its full potential. Neynar, an early Farcaster builder whose infra powers much of the ecosystem, will now lead the project’s direction.
Neynar is expected to unveil a new builder-focused roadmap soon. Backed by Paradigm and a16z crypto, the company has raised capital to scale infrastructure and deepen developer engagement.
The transition will be seamless for users. Neynar will keep the Farcaster app and Clanker running without disruption, while also taking over repos and developer coordination. Some Merkle contributors are joining Neynar, while others are moving on.
Source: https://cryptobriefing.com/neynar-farcaster-acquisition/
