Coinbase recruits Opyn core members
Odaily News Coinbase has completed its sixth acquisition this year in the form of talent acquisition (acqui-hire), introducing two core members of DeFi options protocol Opyn: CEO Andrew Leone and research director Joe Clark. The two will join Coinbases on-chain market team and participate in the development of Verified pools and other on-chain products.
Coinbase said that Leone and Clark are experienced in the DeFi field and have a deep understanding of the future development of the on-chain market. The Opyn team launched the first DeFi options protocol and developed Power Perpetuals and Squeeth products. It is worth mentioning that Opyn was sued by the CFTC in 2023 for allegedly operating an unregistered trading platform and eventually settled.
This recruitment is part of Coinbases strategy to promote the on-chain trading business. Since the beginning of this year, Coinbase has successively acquired projects or teams such as Roam, Spindl, Iron Fish team, Deribit and Liquifi. (BlockWorks)
You may also like

Mergers and acquisitions in the cryptocurrency market are exceptionally active

SpaceX Stock Prediction After the IPO: Can SPCX Reach $200 Before QQQ Inclusion?

Congratulations to Carl Moon on His Historic Ferrari Challenge Le Mans Podium Triumph
Crypto influencer and racing enthusiast Carl Moon finished third in the Ferrari Challenge Le Mans Coppa Shell class, marking his best result of the year. As his racing partner and sponsor, WEEX celebrates this remarkable achievement and continues to lead crypto’s journey beyond boundaries, uniting the innovation of digital assets with the passion of motorsport.

A16Z: The sun bears witness, SpaceX is worth 7.5 trillion

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?

Can the CLARITY Act Become Law by July 4? Everything You Need to Know About the Final Battle

How to exit after asset tokenization?

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?

France vs Senegal World Cup 2026: Mbappe’s New Era Begins Against a Historic Rival

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

What is the connection between Huang Zheng of Pinduoduo and blockchain?

Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...

If the AI bubble has already burst, who will truly remain?

Paul Graham: How to Make a Billion Dollars

After 18 years, blockchain has finally started to head towards the main channel

Claude enforces "facial recognition for household registration," starting in July, no ID card means no access?

On the day of SpaceX's IPO, the first real test of the three perpetual mechanisms
Mergers and acquisitions in the cryptocurrency market are exceptionally active
SpaceX Stock Prediction After the IPO: Can SPCX Reach $200 Before QQQ Inclusion?
Congratulations to Carl Moon on His Historic Ferrari Challenge Le Mans Podium Triumph
Crypto influencer and racing enthusiast Carl Moon finished third in the Ferrari Challenge Le Mans Coppa Shell class, marking his best result of the year. As his racing partner and sponsor, WEEX celebrates this remarkable achievement and continues to lead crypto’s journey beyond boundaries, uniting the innovation of digital assets with the passion of motorsport.




