The Solana risk-return protocol Katana has been acquired by PsyFi, with the specific amount undisclosed

ChainCatcher news, Solana ecosystem financial tool provider PsyFi announced the acquisition of the risk-return protocol Katana on Solana, with the specific acquisition amount undisclosed. It is reported that this acquisition is one of the largest in the Solana DeFi ecosystem to date. According to the agreement, PsyFi will acquire all IP of the Katana protocol, expanding the list of yield products it offers to users.

PsyFi has created a set of financial tools and products that allow users to customize investment strategies based on their risk/return preferences. It also offers a wide range of automated trading strategies, eliminating the hassle of managing positions while optimizing investor returns. (PR Newswire)