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Coinbase acquires Opyn’s leadership team

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Coinbase has made its sixth acquisition of the year, we’ve exclusively learned. 

This time, the publicly-traded company made an acqui-hire, meaning that they’re specifically acquiring Opyn CEO Andrew Leone and its Head of Research, Joe Clark. 

“The Opyn team has been building in DeFi since the early days; they were the first DeFi options protocol, the inventors of Power Perpetuals, and the team behind Squeeth. The team brings a rare combination of deep onchain technical expertise, strong understanding of traditional market structure, and hands-on experience building decentralized…

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