DeFi Public Blockchain Katana Acquires Sushi's On-Chain Business and VaultBridge

On November 12, TechFlow reported that Katana CEO Matthew Fisher revealed in an interview with FINTECH.TV that Katana has acquired Sushi's deployment business on the Katana chain and VaultBridge. Katana had previously acquired IDEX in March.

Fisher said Katana now has spot and perpetual futures trading platforms and has integrated VaultBridge into its business. Spot and perpetual futures trading fees go to the Katana Foundation, and sequencer fees and revenue generated by lending cross-chain assets on Ethereum mainnet are also income sources.

He said the tokenomics model would be adjusted in line with the acquisitions and changes in revenue sources, and token stakers would receive a portion of the above revenue.

Source: TechFlow