Blocknative Reduces Headcount by Third, After Suspending Work on Relay Project The company completed a restructuring in the wake of its decision to exit services related to its MEV-Boost Relay, a type of software used by Ethereum network validators.

Blocknative to Suspend MEV-Boost Relay After Economics Fail to ‘Materialize’ The decision followed internal discussions among the company’s leadership and board of directors, and the company plans to focus on “economically viable opportunities.”