Sanctum Gobbles Up Ironforge—Now Building Crypto’s Next-Gen Transaction Stack
Another day, another consolidation play—but this one could actually matter.
Sanctum just swallowed infrastructure rival Ironforge whole, signaling a land grab for the plumbing that keeps crypto moving. No price disclosed (because why would VCs want transparency?).
The vertical vision: The acquisition lets Sanctum bolt Ironforge's settlement tools onto its existing stack—creating an end-to-end transaction monster. Think Stripe for blockchain, if Stripe were built by anarchists.
Why it stings: This leaves smaller infra players scrambling. "Partnership" announcements incoming in 3...2...1...
One hedge fund manager yawned: "Great, now my algo trades get 0.2ms faster. Where’s my Lambo?"