General Tensor announces the completion of its acquisition of Backprop Finance, a subsidiary of Tensorplex Labs, which is one of the decentralized trading platforms with the highest trading volume in the Bittensor ecosystem. After the transaction, General Tensor will cover approximately one-third of the trading volume on the Bittensor network. Previously, General Tensor had raised a total of $5 million through Pre-Seed and Seed funding rounds, with investors including Digital Currency Group (DCG), Lvna Capital, and Good Morning Holdings, led by Lok Lee and supported by Goldman Sachs. @BackpropFinance currently mainly serves the Bittensor Dynamic TAO (dTAO) subnet, providing token exchange and subnet filtering.

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