Terraform Labs, the developer of the Terra ecosystem, is in discussions with a third party to take over the operation of some products and services, Foresight News reported.

If these discussions are unsuccessful, the company plans to shut down the related products and services on October 30, 2024.

Affected products include Enterprise, Warp, Station Wallet, and Alliance Hub.

Services include Finder block browser, Foundation, IBC relayer, Mantlemint, FCD and API services.