0x Announces Acquisition of Flood to Compete on Ethereum and Solana

On May 15, 0x, the decentralized trading infrastructure company, announced the acquisition of its competitor, Flood. This is the first acquisition since 0x was founded in 2017. The deal aims to enhance trading performance, optimize quotes, and compete for market share on Ethereum and Solana. Flood brings proprietary software and a strong development team, supporting 0x in the battle for the cryptocurrency market.

Currently, the total market value of transaction aggregators is approximately $2.3 trillion. Competition in this field is becoming very fierce. This information is intended to provide market data and does not constitute investment advice.

Source: https://tintucbitcoin.com/0x-mo-rong-thi-truong-23-ty-usd-voi-thuong-vu-mua-flood/

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