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Decentralized Exchange Dydx Acquires Social Trading App Pocket Protector
7 Articles
7 Articles
DYdX Acquires Pocket Protector In Bold DeFi Expansion - Data Intelligence
Key Notes dYdX has made a strategic move with the acquisition of Pocket Protector. This is the first-ever external acquisition that dYdX will participate in. The acquisition of Pocket Protector suggests that the company’s performance has improved. Decentralized derivatives exchange dYdX has made a strategic move with the acquisition of Pocket Protector, a crypto social trading platform. This is the first-ever external acquisition that the Decen…
dYdX acquires Pocket Protector
Decentralized exchange and decentralized finance platform, dYdX has acquired Pocket Protector, a renowned and highly talented team of builders who created a premier social-first perps and Solana spot trading experience. The founder and CEO of dYdX, Antonio Juliano confirmed the acquisition in a blog post on Friday. As part of the development, the trading platform also onboarded Pocket Protector’s founders Eddie Zhang and Kaiser Kinbote as the pr…
dYdX buys its way into social-first perps trading by hiring an entire team at once
Instead of headhunting, dYdX bought the whole company. Pocket Protector’s lean team scaled to $1 billion in volume in under a year; now, they’re embedded in the decentralized exchange’s core, rewriting the playbook for DEX trading. On July 18, dYdX…
Key points of the news: dYdX acquired Pocket Protector to incorporate social functions into trading, adding its co-founders Eddie Zhang and Kaiser Kinbote as president and head of growth. Pocket Protector has a team of nine engineers and a base of 50,000 users. This acquisition occurs after an internal restructuring in the exchange. dYdX bought Pocket Protector, its first external acquisition, to incorporate social functions into trading and exp…
Dydx Announces Its First Acquisition with the Acquisition of the Social Trading App Pocket Protector
dYdX announces its first acquisition with Pocket Protector, a trading app via Telegram that has generated more than $1 billion in volume. Pocket Protector's co-founder, Eddie Zhang, joins dYdX in the position of president. With this offensive strategy, dYdX aims to exceed its current status of 5th DEX in TVL and to impose itself as the global benchmark for decentralized trading. dYdX acquires the trading app Pocket Protector @dYdXFrance announce…
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