Sushi Labs has announced the acquisition of Shipyard Software, boosting its innovations in decentralized finance.
A Strategic Union in DeFi Innovation
The acquisition of Shipyard Software marks a significant step in addressing DeFi's challenges such as impermanent loss mitigation and multi-chain liquidity optimization. Shipyard's founders, Mark Lurie and Abe Othman, will join Sushi Labs as strategic advisors.
Revolutionary Products Reshaping DeFi Trading
At the heart of this acquisition is Blade, Shipyard's flagship product, introducing an advanced Request for Quote (RFQ) system to enhance on-chain pricing mechanisms. Kubo offers advanced liquidity management solutions like delta-neutral vaults and single-sided staking.
Multi-Chain Vision and Ecosystem Expansion
Integrating Shipyard's technology enables Sushi Labs to extend its influence beyond its native ecosystem, improving trade efficiency, capital deployment, and access to a multi-chain ecosystem.
The merger of Sushi Labs and Shipyard Software marks a critical phase in developing a more accessible and efficient DeFi environment.
