- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
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
Cross-chain Collaboration: Tom Lee Invests $200 Million, Joins Forces with Global Top Streamer Mr. Beast
The Genius Stopping Law: Why Did Coinbase Backpedal at the Eleventh Hour?
Rumor has it that Coinbase is set to acquire Farcaster, still an Acquihire.
ThunderChain Resumes Legal Battle as Former CEO Chen Lei Accused of Embezzlement for Cryptocurrency Speculation - What Happened Back Then?
$200K Annual Salary Hiring, Predicting Market Will See Wall Street Players
Former Star Public Blockchain Berachain in Crisis: Price Collapse, Layoffs, Developer Exodus
Senate Committee Delays Crypto Bill Due to Coinbase’s Objections
Key Takeaways The Senate Banking Committee has postponed its planned markup of a major crypto market structure bill…
Coinbase CEO Raises Red Flags Regarding US Crypto Bill
Key Takeaways Coinbase CEO Brian Armstrong voices opposition to the proposed Senate crypto bill, citing significant concerns. The…
Transforming the Cryptocurrency Landscape: A 2026 Outlook
Key Takeaways Cryptocurrency systems have seen expansive growth and technological innovation. The introduction of new regulations has reshaped…
New ChatGPT Forecasts for XRP, Ethereum, and Solana by 2026
Key Takeaways ChatGPT predicts a potential bull market for XRP, Ethereum, and Solana by 2026, supported by the…
Mantra Slashes Staff and Restructures Following ‘Brutal’ OM Token Collapse
Key Takeaways The OM token experienced a dramatic price collapse, prompting a significant restructure within Mantra, including job…
An Insight into the Dynamics of Crypto Market Trends
Key Takeaways The article provides a comprehensive look at the latest developments in the cryptocurrency market. Insight is…
Senate Crypto Bill Markup Rescheduled to January 27 Amid Legislative Momentum
Key Takeaways The Senate Agriculture Committee has rescheduled the release of the legislative text for crypto market structure…
CLARITY Act Hearing Suddenly Postponed – Where Does the Disagreement Lie?
YO Protocol’s Automated Conversion Error Resolves $3.7 Million Shortfall
Key Takeaways YO Protocol, a decentralized finance platform, recently experienced an automated conversion operation error, resulting in a…
Sonic Labs Recovers and Redistributes Millions in Stolen Assets
Key Takeaways Sonic Labs has successfully recovered 5,829,196 stolen S tokens after a November 2025 exploit. These recovered…
Dolomite Surges with Prominent Integrations Boosting Market Value
Key Takeaways Dolomite (DOLO) has seen a significant 24.60% price increase in the last 24 hours, currently trading…
YO Protocol Suffers $3.7 Million Loss in Unfortunate Swap Incident
Key Takeaways YO Protocol experienced a $3.7 million loss due to a mistaken swap involving YoUSD. The incident…
App