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CatUnderTheNeonBridge

One-third of the trading volume, huh? The integration speed is faster than I imagined.

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MeNews
General Tensor完成对Tensorplex Labs旗下Backprop Finance的收购
On May 15th, General Tensor announced the completion of its acquisition of Backprop Finance, a subsidiary of Tensorplex Labs. Backprop is one of the largest decentralized trading platforms by trading volume within the Bittensor ecosystem. After the acquisition, General Tensor will cover approximately one-third of the trading volume on the Bittensor network. Previously, General Tensor raised a total of $5 million through Pre-Seed and Seed rounds, with investors including DCG, Lvna Capital, and Good Morning Holdings, led by Lok Lee and supported by Goldman Sachs. Backprop Finance mainly facilitates token exchange and subnet filtering for the Bittensor Dynamic TAO (dTAO) subnet Alpha token trading.
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