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Coinbase aims to accelerate its onchain exchange offerings on Base by leveraging Opyn’s DeFi experience to expand products like Verified Pools
Coinbase’s acquisition of Opyn is a talent-only deal that excludes the company’s protocol offerings and crypto assets, focusing solely on onboarding key team members
Opyn’s leadership team brings pioneering experience in DeFi derivatives, having launched the first DeFi options protocol, invented Power Perpetuals and created Squeeth
Coinbase acquired Opyn CEO Andrew Leone and Head of Research Joe Clark in a talent-only deal to strengthen its onchain derivatives expansion strategy

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