Crypto Data Provider Amberdata Acquires Crypto Analytics Platform Genesis Volatility
Amberdata, a supplier of digital asset data to financial institutions, has acquired Genesis Volatility (GVol), a startup that analyzes crypto options and futures.
The agreement enables Amberdata to broaden its focus on decentralized finance by supporting DeFi options protocols like Frikton, Ribbon, and Lyra. It will also work to improve the analytical interface between Genesis Volatility and Amberdata’s on-chain, DeFi, and market data.
GVol already delivers analytics data from centralized finance (CeFi) and DeFi options markets to exchanges such as Deribit and LedgerX.
The Genesis Volatility purchase comes on the heels of sixty crypto acquisitions in the previous quarter. Earlier this week, Spanish crypto platform Bit2Me acquired software firm Dekalabs, while NFT platform Exclusible acquired U.S. metaverse studio Polycount.
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