In a strategic move to increase its presence in the decentralized finance (DeFi) aggregator market, 0x has announced the acquisition of competitor Flood. This acquisition comes as the DeFi aggregator market reached a valuation of approximately USD 2.3 billion, indicating significant growth potential for players in this sector. 0x aims to leverage Flood’s technology and customer base to enhance its platform offerings and improve overall market competitiveness. This move reflects the growing trend among DeFi platforms to consolidate and expand their market shares through acquisitions, highlighting an active interest in optimizing service delivery and user experience. As the DeFi ecosystem continues to evolve, these consolidations may lead to more streamlined operations and innovation within the market.

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