Coinbase has strategically acquired Andrew Leone and Joe Clark from Opyn to enhance its onchain markets, focusing on developing decentralized finance products. This acquisition showcases Coinbase’s commitment to expanding its DeFi portfolio and integrating compliance insights.
The move to bolster Coinbase’s capabilities in regulated DeFi markets has drawn attention, particularly as Ethereum (ETH) recently trades at 2,977.49 USD, reflecting a 5.56% increase in 24 hours. Coinbase aims to leverage this expertise for regulatory advancements.
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