Coinbase has strengthened its on-chain market team by acquiring two core members from the DeFi options protocol Opyn. CEO Andrew Leone and head of research Joe Clark will join Coinbase to contribute to the development of the Verified pool and other on-chain products. This move marks Coinbase's sixth acquisition this year, aligning with its strategy to enhance its on-chain trading capabilities. Leone and Clark bring extensive experience in the DeFi sector, having been instrumental in launching Opyn's DeFi options protocol and developing innovative products like Power Perpetuals and Squeeth. Despite Opyn's legal challenges with the CFTC in 2023, which resulted in a settlement, Coinbase values their expertise in advancing the on-chain market. This acquisition follows Coinbase's recent acquisitions of Roam, Spindl, Iron Fish team, Deribit, and Liquifi.