Terraform Labs to Divest Key Businesses as Bankruptcy Looms

Pulsar, a cutting-edge portfolio tracker, effectively indexes more than 100 blockchains. Its unique indexing software development kit (SDK) simplifies data integration for diverse blockchain ventures by abstracting protocols and remote procedure call (RPC) nodes. In November 2023, TFL successfully acquired Pulsar Finance, a move that proved crucial as they filed for Chapter 11 bankruptcy in Delaware just a few months later in January 2024. Pulsar efficiently manages extensive volumes of data originating from numerous blockchains, thereby optimizing application functionalities.