Blockchain engineering firm Certus One has been acquired by Chicago-based quantitative trading company Jump Trading for an undisclosed amount, the companies said Tuesday.
- Following the acquisition, Hendrik Hofstadt, Certus One’s CEO and co-founder, was appointed director of special projects as part of Jump Trading Group’s digital assets group.
- The Certus One staff will join Jump Trading’s staff of 900 employees made up of engineers, quants and traders.
- In June, Oxygen, a decentralized finance brokerage built on the Solana blockchain, added Jump Trading as a strategic partner.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.