Coinbase Acquires DeFi Protocol Opyn Leadership Team
BlockBeats News, July 11, according to a report by Blockworks, Coinbase has recently completed a talent acquisition, specifically acquiring Opyn CEO Andrew Leone and its Research Lead Joe Clark. Leone and Clark will now join the Onchain Markets team, which operates within Coinbase's institutional organization, focusing on validated pools and other on-chain market product development plans.
According to Coinbase's official statement, "The Opyn team has been committed to the DeFi field since the early days; they were the original developers of the first DeFi options protocol, the inventors of Power Perpetuals, and the team behind Squeeth. The team possesses deep on-chain technical expertise, a profound understanding of traditional market structures, and practical experience in building decentralized products from scratch, which is rare in the industry. The reason for choosing talent acquisition is because the company's operating model is 'build/acquire/partner/invest.' Each path depends on what we believe is the most impactful area — whether through technology, market influence, or talent."
You may also like

Three years later: Looking back at my judgment of ChatGPT in 2023

From Casino Tools to Global Pricing Machines: The NYSE Leader's Perspective on Hyperliquid

A Detailed Analysis of "Stock God Serenity" Investment Methodology

Sharplink CEO: The future of Ethereum is unfolding

Morning Report | Korea Investment & Securities and OKX plan to jointly acquire 40% of Coinone; Polymarket denies implementing KYC comprehensively; Grayscale delays U.S. stock IPO plans

Bit Digital CEO: Why I Bought More ETH

A Decade of Three Waves of Stock Tokenization from Bitget's Reality: An Unfinished Financial Exploration

"Hu Run Baifu" Dialogue with Sun Yuchen: A New Paradigm of Value Circulation in the Web3 Transformation Cycle

Is it hackers and regulation that ruined DeFi?

Chris Lee: From crypto OG to heavy investments in the three storage giants, predictions on AI bull market corrections, Web4, and opportunities for the younger generation

Ready for a Walk on the Wilder Side of Proof of Talk 2026? Join WEEX Labs in Paris

Gold vs Bitcoin in 2026: Which Market Is Giving Traders Better Opportunities?

Morning News | Coinbase partners with Standard Chartered Bank to expand multi-currency fiat channels; Sharplink and Forward will be included in the Russell Index; JPMorgan may issue stablecoins in the future

Hash Global Founder: Why I Also Chose to Liquidate All My ETH?

Tokenized US Stock Duel: Ondo vs. xStocks, Who is Defining On-Chain Nasdaq?

He Yideng ranked: Since you're here, you might as well

The era of regulatory arbitrage has come to an end, and the value of cryptocurrency exchange licenses is being fiercely contested

