RISE has announced the acquisition of BSX Labs, the team behind the BSX perpetuals exchange on Base, to enhance its Ethereum Layer 2 blockchain capabilities. This strategic move is set to accelerate the development of integrated orderbook primitives, aiming to bridge traditional and decentralized financial markets. BSX, which has processed over $15 billion in trading volume, will be phased out in a one-week process starting November 11, 2025.
As part of the acquisition, BSX token holders will receive an airdrop of RISE’s native token. The collaboration between RISE and BSX Labs is expected to deliver fully onchain, composable orderbooks, marking a significant step towards integrating traditional financial systems with decentralized finance.
RISE Acquires BSX Labs to Develop Onchain Orderbooks
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