Berlin-Based Staking Startup Certus One Acquired by Jump Trading

The Certus One team will merge with Jump Trading’s team of 900 employees made up of engineers, quants and traders.

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Blockchain engineering firm Certus One has been acquired by Chicago-based quantitative trading company Jump Trading for an undisclosed amount, the companies said Tuesday.

  • Following the acquisition, Hendrik Hofstadt, Certus One’s CEO and co-founder, was appointed director of special projects as part of Jump Trading Group’s digital assets group.
  • The Certus One staff will join Jump Trading’s staff of 900 employees made up of engineers, quants and traders.
  • Berlin-based Certus One provides infrastructure for proof-of-stakes blockchains. It was a core developer of Wormhole, a product that allows users to move ETH and SOL tokens between blockchains.
  • In June, Oxygen, a decentralized finance brokerage built on the Solana blockchain, added Jump Trading as a strategic partner.

Read more: Solana-Based Oxygen Taps Jump Trading in Bid to Be DeFi’s Top ‘Prime Brokerage’

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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters:

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.