Finance News – Synthetix
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Synthetix and Derive call off $27 million merger proposal
The cancellation of the $27 million acquisition agreement between Synthetix and Derive impacts their strategic financial plans and may influence future investment and growth opport...
Read Full Article →Hyperliquid backs 24/7 crypto trading in CFTC comments submission
Hyperliquid’s engagement with U.S. regulators highlights growing interest in continuous crypto derivatives trading, which could increase market accessibility, liquidity, and potent...
Read Full Article →Synthetix scuttles $27M Derive deal after community concerns
The canceled acquisition would have involved a $27 million token swap, but concerns about valuation and token supply dynamics led stakeholders to reject the financial terms, haltin...
Read Full Article →Synthetix wants to acquire Derive through a $27m token swap
Synthetix aims to expand its platform by exchanging 29.3 million SNX tokens, worth around $27 million, to acquire the options protocol Derive under a structured lock-up and vesting...
Read Full Article →Synthetix makes $27M bid to re-acquire crypto options platform Derive
Synthetix’s proposed acquisition of Derive in an all-token exchange values the platform near $27 million, potentially expanding its crypto derivatives offerings and strengthening i...
Read Full Article →Synthetix proposes $27 million token swap to acquire options protocol Derive
Synthetix plans a $27 million token exchange to incorporate Derive's financial instruments, enhancing its platform with options, perpetuals, and structured products to expand its o...
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