Summary
- 0x announced that it focused on the performance of the aggregator software in acquiring competitor Flood.
- Although the acquisition amount was not disclosed, it was reported that 0x plans to focus on improving aggregator technology performance and trade abstraction in the future.
- This acquisition is expected to strengthen 0x's competitiveness in decentralized exchange infrastructure.
According to cryptocurrency media outlet CoinDesk on the 15th (local time), decentralized exchange (DEX) infrastructure company 0x has acquired its competitor Flood.
The acquisition amount was not disclosed according to the media.
0x reportedly focused on Flood's aggregator software performance and development team in making this acquisition, and announced plans to focus on improving aggregator technology performance and trade abstraction in the future.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
