Digital asset data provider Amberdata acquires analytics platform Genesis Volatility

ChainCatcher news, according to The Block, digital asset data provider Amberdata has announced the acquisition of crypto options analytics firm Genesis Volatility. The company plans to leverage this acquisition to expand its focus on DeFi, supporting DeFi options protocols such as Frikton, Ribbon, and Lyra. Additionally, the company will seek to optimize Genesis Volatility's analytics interface using Amberdata's on-chain, DeFi, and market data.

According to sources, although Amberdata did not disclose the terms of the deal, it was primarily an equity-based acquisition. (The Block)