Valantis acquisition of HyperEVM's second largest liquidity stake platform StakedHYPE

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On August 19, 【Blockchain Pulse】, a modular DEX protocol Valantis announced the acquisition of StakedHYPE, the second largest liquid staking platform on the HyperEVM blockchain. The financial terms of the transaction were not disclosed.

Valantis stated that the operations, development, and expansion of StakedHYPE will be managed by Valantis Labs. As part of the acquisition, Addison Spiegel, founder of Thunderhead, the entity behind StakedHYPE, will join Valantis as an advisor.

StakedHYPE is the second largest liquid staking platform in the Hyperliquid ecosystem after Kinetiq, with a total locked value (TVL) exceeding 200 million dollars.

HYPE-2.12%
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alpha_leakervip
· 08-19 14:46
What about the financial terms? I heard the amount is quite large.
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nft_widowvip
· 08-19 14:43
It's nice to be able to rest in the shade of a big tree!
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AltcoinHuntervip
· 08-19 14:40
This acquisition is indeed worth studying the subsequent aggregation plans.
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SeeYouInFourYearsvip
· 08-19 14:38
A bit of a bull, this acquisition was played smoothly.
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RugPullProphetvip
· 08-19 14:25
This ecosystem is definitely not going anywhere?
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SandwichTradervip
· 08-19 14:21
Tsk tsk, running really fast, they haven't even released the financial report.
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