Plume Network is set to acquire Dinero Protocol to bolster its institutional-grade yield products for cryptocurrencies including ether (ETH), Solana (SOL), and bitcoin (BTC). Dinero's ipxETH staking product, which has amassed $125 million in total value locked, will be integrated into Plume's ecosystem, enhancing its DeFi yield offerings. The acquisition will also incorporate Dinero's staking products pxSOL, pxBTC, and its liquid staking token architecture across eight blockchains. While the deal is not yet finalized, a definitive agreement and binding term sheet have been signed.
Plume Network Acquires Dinero Protocol to Enhance DeFi Yield Offerings
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