RADAR → Blockcap → Core Scientific

We’re excited to announce RADAR has been acquired by Blockcap, one of North America’s largest digital asset miners powering our next financial system. We’re even more excited to announce that Blockcap is pending acquisition by Core Scientific, the largest North American vertically integrated mining operation. Finally, we’re thrilled that Core Scientific will be merging with Power & Digital Infrastructure Acquisition Corp. (Nasdaq: XPDI), a publicly traded special purpose acquisition company.

Collectively, we have a shared vision for where our next financial system is headed and how we get there. We believe that blockchain is more than just another disruptive technology. It’s an opportunity to reshape our institutions to be more fair, inclusive, and sustainable. Together, we can build, power, and secure our next financial system.

Thank you to each and every user, every partner, every investor, and of course — our RADAR team and alumni. We are deeply grateful for your collective support, passion, and patience these past four years. We’ve been on quite the journey together, with plenty of peaks and valleys, but our shared commitment and duty to build a better financial system kept us going.

While we are retiring RELAY and REDSHIFT today, in many ways we’re just getting started, and we can’t wait to show you what’s next! Together, we have unprecedented scale and the platform to meaningfully accelerate the transition to a new financial system.

Of course, if you want to help build that financial system, we are hiring for all roles! For all press inquiries please contact us here.