Sushi Labs acquires DeFi infrastructure company Shipyard Software

ChainCatcher news, according to official sources, Sushi Labs has acquired the DeFi infrastructure company Shipyard Software. Shipyard founders Mark Lurie (a multi-exit founder and DeFi leader) and AMM research pioneer Abe Othman will join Sushi Labs as advisors.

This acquisition aims to address key challenges in DeFi, including mitigating impermanent loss, optimizing liquidity provision, and enhancing multi-chain trading efficiency.