Sushi Labs, the innovative arm of SushiSwap, announced its acquisition of Shipyard Software aimed at strengthening its position in the decentralized finance sector.
A Strategic Union in DeFi Innovation
The acquisition addresses key challenges in DeFi, such as reducing impermanent loss and optimizing multi-chain liquidity. Shipyard founders Mark Lurie and Abe Othman will join Sushi Labs as strategic advisors, contributing their experience and technical expertise.
Revolutionary Products Reshaping DeFi Trading
Central to the acquisition are Blade and Kubo. Blade introduces a modern AMM infrastructure with a Request for Quote (RFQ) system, while Kubo offers advanced liquidity management solutions, including delta-neutral vaults and single-sided staking.
Multi-Chain Vision and Ecosystem Expansion
Shipyard's technology will enable Sushi Labs to improve trading efficiency, optimize capital, and expand access to multi-chain networks, enhancing its presence across various blockchain ecosystems.
The merger of Sushi and Shipyard opens up new opportunities for enhancing DeFi infrastructure, creating a more accessible and efficient ecosystem for users.
