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.
Amberdata secured $30 million in a round led by Nexo, Coinbase, and Nasdaq Ventures in May.
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.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Harold
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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.
Amberdata secured $30 million in a round led by Nexo, Coinbase, and Nasdaq Ventures in May.
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.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
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