Deloitte has acquired and hired blockchain infrastructure firm Blocknative.

The team is set to focus on driving Web3 innovation across Deloitte's client portfolio.

Founded in 2018, Blocknative specialized in real-time mempool monitoring, gas fee prediction, and transaction management, offering APIs and tooling to optimize transactions.

Its Gas Network served as a decentralized oracle network for real-time gas fee pricing data.

With the acquisition complete, Blocknative's website now confirms the firm is ceasing operations, with its API and Gas Network services winding down by June 19.

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Blocknative CEO Matt Cutler acknowledged the closure with a note of finality, saying the company's work across mempool visibility, transaction orchestration, block building, MEV auctions, and transaction pricing had been shaped by its customers, protocol teams, wallet builders, researchers, and institutions.

It remains unclear whether Blocknative's entire team will join Deloitte.

The move reflects a wider wave of consolidation across the crypto ecosystem, with smaller infrastructure projects winding down and talent flowing toward larger institutions.

It also signals deepening crypto exposure among traditional professional services firms.

Deloitte already offers accounting, auditing, and corporate services for crypto companies, and this acquisition deepens that footprint further.

Related: Major Mergers & Acquisitions Signal Exciting Times for Crypto-AI Startups

This story was originally published by TheStreet on May 19, 2026, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.