Summary
- DefiLlama said it has acquired Bulletin, an OTC data provider.
- The acquisition will enable it to offer more granular data for valuing private crypto companies and tokens.
- By incorporating OTC trading data, it is expected to more accurately reflect secondary-market valuation trends and real market valuations for unlisted companies.
Defi data platform DefiLlama has acquired Bulletin, an over-the-counter (OTC) trading data provider, according to DL News, a crypto-focused media outlet, on the 27th (local time).
The acquisition will allow DefiLlama to offer more granular data for valuing private crypto companies and tokens. In particular, by incorporating OTC trading data, it is expected to provide a clearer picture of secondary-market valuation trends for unlisted companies.
DefiLlama said, "Including OTC trades can more accurately reflect real market valuations of unlisted companies." The specific terms of the deal were not disclosed.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
