Openstory, a prominent platform specializing in real-time data streaming and analytics for on-chain data, has been strategically acquired by Ava Protocol. Ava Protocol, renowned for developing foundational infrastructure for intent-based private autonomous transactions, is bolstering its team with key hires.
The acquisition of Openstory is set to enhance Ava Protocol’s capabilities in providing fast and precise insights into EVM chain processes through real-time data streaming and analytics. Ava Protocol aims to leverage its robust autonomous transaction architecture to empower blockchain applications with enhanced decision-making capabilities and operational efficiency.
Chris Li, CEO of Ava Protocol, commented on the acquisition: “Vinh Nguyen, founder of Openstory, has joined Ava Protocol as Systems Architect, contributing to our growth trajectory.” Nguyen, previously a significant contributor at InfluxData and core developer at Polkadot, brings extensive expertise in cutting-edge data platform development crucial for driving Ava Protocol’s innovation.
Nguyen himself remarked: “Ava Protocol’s strategic vision aligns perfectly with the future of blockchain technology.”
Ava Protocol has further strengthened its team with two key appointments. Sam Shev, with over a decade of experience at Google and Postman, joins as Head of Marketing to advance Ava Protocol’s vision and drive adoption. Scott Staton, formerly with editorial roles at The New Yorker and Vice Media and overseeing content at Dfinity, assumes the role of Research and Content Lead to educate the industry about Ava Protocol’s objectives.
Shev emphasized: “Ava Protocol is poised to redefine blockchain automation.”
Staton added: “Our goal is to articulate Ava Protocol’s innovative approach.”
Ava Protocol continues to lead in blockchain automation with an ecosystem of over 30 dapp partners and a testnet processing 1,000 automated transactions daily across more than 10,000 wallets. Recently, Ava Protocol announced the completion of a $10 million seed funding round supported by notable investors including Greylock, Foundation Capital, Electric Capital, and GSR. These funds will fuel the development of an Eigenlayer AVS, focused on intent-centric private autonomous transactions on Ethereum and beyond.
