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dYdX acquires crypto social trading platform Pocket Protector in its first external acquisition
Summary: Decentralized derivatives exchange dYdX has completed the acquisition of crypto social trading platform Pocket Protector, marking its first external acquisition. The transaction was completed in a combination of cash and DYDX tokens, with the specific amount undisclosed. The two co-founders of Pocket Protector will join dYdX as CEO and Head of Growth, and their Telegram ...
Decentralized derivatives exchange dYdX has completed the acquisition of crypto social trading platform Pocket Protector, marking its first external acquisition. The transaction was completed in a combination of cash and DYDX tokens, with the specific amount undisclosed. The two co-founders of Pocket Protector will join dYdX as CEO and Head of Growth, and their Telegram trading bot (including copy trading feature) and a 9-person tech team will be integrated into dYdX. Pocket Protector, founded last year, has raised $7 million from investors including Electric Capital and Dragonfly. (The Block)
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Link: dYdX acquires crypto social trading platform Pocket Protector in its first external acquisition [Copy]
