Deloitte acqui-hires Blocknative team as firm winds down APIs

Deloitte has acqui‑hired the team from Blocknative as the blockchain infrastructure company winds down operations. Blocknative posted an announcement Tuesday saying it is “now in the process of ceasing operations.” The company’s API and its Gas Network oracle are scheduled to remain available through June 19.

Deloitte described the arrangement as an acqui‑hire rather than a full acquisition. The incoming team will work on Web3 projects across Deloitte’s client portfolio. Blocknative has not published a roster of employees who will move to Deloitte, and it is unclear which staff members will transfer.

Founded in 2018, Blocknative built tools for transaction management on public blockchains. Its services included real‑time mempool monitoring, gas fee prediction and transaction orchestration designed to reduce failed transactions and improve fee estimates. The Gas Network served as a decentralized oracle that provided live gas price data to wallets, exchanges and other services that require accurate transaction pricing.

Blocknative CEO Matt Cutler wrote on the company site: “This chapter of our work in the ecosystem is coming to a close: on mempool visibility, transaction orchestration, block building, MEV auctions, private order flow, transaction pricing, and more. That work was shaped by our customers, the protocol teams, wallet builders, researchers, and institutions who pushed for better answers.” The statement framed the shutdown as the end of the company’s independent operations and acknowledged contributions from users and partners.

Customers that rely on Blocknative’s APIs will need to migrate to other providers or internal solutions after services cease. Blocknative did not immediately provide detailed customer support plans for the wind‑down period.

Deloitte has expanded offerings for crypto and blockchain clients in recent years, adding accounting, auditing and other corporate services for firms in the sector. The firm stated the acqui‑hire will bring technical talent to support client work on Web3 initiatives.