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General Tensor完成对Tensorplex Labs旗下Backprop Finance的收购

MeNews
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ME News Report, May 15 (UTC+8), General Tensor announced 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. Currently, Backprop Finance mainly serves the Alpha token trading of the Bittensor Dynamic TAO (dTAO) subnet, providing token exchange and subnet filtering. (Source: BlockBeats)
TNSR-0.58%
TAO3.42%
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DeepSeaColdStart
· 9h ago
The wave of mergers and acquisitions in the Bittensor ecosystem is coming; those who act first will have the advantage.
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LighthouseInTheMist
· 10h ago
General Tensor现在集齐DCG、Goldman、Lvna，牌面拉满
Reply0
PerpMoodSwing
· 10h ago
Decentralized trading platforms being acquired—doesn't that count as another form of centralization, haha?
View OriginalReply0
OldKeys,NewWorld
· 10h ago
Pre-Seed+Seed only 5 million, this valuation is well controlled.
View OriginalReply0
FeeMarketMonk
· 10h ago
DCG and Goldman Sachs-backed backgrounds are indeed solid.
View OriginalReply0
TransparentGlassFeather
· 10h ago
Backprop's trading volume has been acquired, and the dTAO ecosystem is becoming increasingly centralized.
View OriginalReply0
SushiStopLoss
· 10h ago
Lok Lee's Good Morning Holdings has a pretty accurate track record; what did they invest in before?
View OriginalReply0

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