According to The Block, the decentralized social network Farcaster has been acquired by Network School, founded by Balaji Srinivasan, with specific financial terms not disclosed. This marks the platform’s second ownership change this year, following Neynar’s takeover of Farcaster from its original development team, Merkle Manufactory, in January.
Farcaster Acquired by Balaji Srinivasan's Network School
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Summary
Farcaster, a decentralized social network, has been acquired by Network School, a project led by Balaji Srinivasan. The move comes amid ongoing network upgrade efforts in the crypto space. This is Farcaster’s second ownership change in 2026, following its acquisition from the original team, Merkle Manufactory, by Neynar in January. Financial terms were not disclosed. The deal adds to the latest crypto news surrounding platform transitions and ownership shifts.
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