Share this article
Digital Asset Data Provider Amberdata Acquires Crypto Analytics Company Genesis Volatility
The deal will allow Amberdata to expand its DeFi analytics offerings to institutional clients, which include Citi, Fidelity and Nasdaq.
Updated May 9, 2023, 4:00 a.m. Published Oct 25, 2022, 3:37 p.m.
Amberdata, a provider of digital asset data to financial institutions, has acquired Genesis Volatility (GVol), a crypto options and derivatives analytics firm.
The purchase will allow Amberdata to expand its decentralized finance (DeFi) products, offering support for protocols such as Friktion, Ribbon and Lyra, according to an announcement shared with CoinDesk. The company's institutional clients include Citigroup (C), Fidelity and Nasdaq (NDAQ).
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Financial terms of the deal have not been disclosed.
GVol already provides exchanges such as Deribit and LedgerX with analytics data from centralized finance (CeFi) and DeFi options markets.
"Many of the big proprietary trading firms are very interested in options," Shawn Douglass, CEO of Amberdata, told CoinDesk. "I think that it's going to be the next evolution of DeFi."
"Nasdaq and Citi are big options players and they see this as a massive growth area for DeFi, as well as for the institutionalization of crypto," he added.
Nasdaq Ventures and Citi were among the investors of Amberdata's $30 million Series B funding round in May, which also included cryptocurrency exchange Coinbase (COIN) and crypto lender Nexo.
Read more: Data Provider DeFiLlama De-emphasizes Double-Counted Crypto Deposits After Saber Revelation
More For You
L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
More For You
Coinbase agrees to buy The Clearing Company to deepen prediction markets push
The deal brings a team with specialized experience building event-based trading systems, including veterans from Polymarket and Kalshi.
What to know:
- Coinbase is acquiring The Clearing Company, a startup with experience in prediction markets, to help grow its newly introduced platform.
- The deal brings in a team with specialized experience building event-based trading systems, including veterans from Polymarket and Kalshi.
- The acquisition is part of Coinbase's plan to become an "Everything Exchange", offering a wide range of trading options, including novel cryptocurrencies, perpetual futures contracts, stocks, and prediction markets.
Top Stories
