Synthetix Acquires Kwenta to Strengthen DeFi Ecosystem Control
Synthetix acquires Kwenta, regaining front-end control to unify strategic goals and boost ecosystem alignment. The acquisition aims to streamline product development, enhance branding, and improve B2B offerings in DeFi. Synthetix acquired Kwenta, the top perpetual trading platform in its ecosystem. Approved by SIP-411 by the Spartan Council and KIP-138 by the Kwenta Council, this strategic…