[Solana Infrastructure Company Helius Acquires Light Protocol to Advance On-Chain Privacy Infrastructure] Odaily Planet Daily News – Solana infrastructure company Helius has announced the acquisition of Light Protocol, whose team will refocus on developing Solana privacy solutions. Founded in 2021, Light Protocol initially specialized in zero-knowledge proof-based privacy tools for Solana but later shifted to co-developing ZK Compression with Helius. This solution, set to launch in 2024, aims to reduce on-chain data storage costs on Solana through zero-knowledge proofs, supporting large-scale consumer and enterprise applications. The acquisition will enable Light to return to its original mission, combining its cryptographic expertise with Helius' infrastructure and distribution advantages to develop ZK privacy protocols for Solana, covering use cases such as private payments and private DeFi. Helius plans to open the related privacy infrastructure to developers in the coming months. This transaction occurs against the backdrop of accelerated consolidation in the crypto industry and a tightening funding environment, while also aligning with the rising demand for on-chain privacy. Helius founder Mert Mumtaz stated that privacy will become as fundamental to blockchain scalability as HTTPS is to the internet.