Hypra Fund Purchases a Stake in Blockchain Development Studio Boosty Labs

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Hypra Fund, a Web3-focused firm, has acquired NetSolid Investments’ 25% stake in blockchain application development center Boosty Labs for an undisclosed amount.

Hypra has now become the studio’s sole outside investor. In addition to financial support, the foundation intends to be actively involved in Boosty Labs operations, sales and marketing.

Boosty Labs specializes in providing outsourcing development services in the field of blockchain technology, system integration, automation of technological and business processes and IT consulting.

The company was founded in 2017, is headquartered in New York and has more than 150 employees worldwide.