Singapore, Singapore, November eleventh, 2025, Chainwire
BSX Labs, backed by Blockchain Capital and Coinbase Ventures, brings experience from supporting over $15B in orderbook buying and selling quantity. The group will assist RISE develop EVM-based synchronously composable orderbook primitives that can bridge conventional monetary markets.
RISE right now introduced its acquisition of BSX Labs, the group behind the BSX perpetuals alternate on the Base community.
The BSX group’s expertise in designing and working a hybrid orderbook buying and selling system positions RISE to speed up innovation in absolutely onchain orderbook merchandise, a core use case of RISE’s high-speed Ethereum Layer 2 blockchain. This collaboration will ship Built-in Orderbook Primitives that profit from synchronous composability with different DeFi functions, greater pace and throughput, and elevated compatibility between blockchain and conventional monetary markets, opening new alternatives for each retail and institutional customers in addition to app builders.
“The BSX group constructed a formidable buying and selling engine that attracted vital quantity and a loyal consumer base,” stated Sam Battenally, CEO of RISE. “Integrating their know-how and expertise is a key strategic step for us. It accelerates our roadmap in direction of launching a local, best-in-class orderbook infrastructure on RISE.”
The market is but to see absolutely composable orderbooks onchain and at scale. Present options are both fragmented with customized execution, or the underlying chain can not help such scale. With the immense forecasted progress of stablecoins and tokenization, RISE, along with the BSX group, is taking an opinionated wager that built-in perps and spot orderbooks would be the most well-liked infrastructure for brokers, asset issuers and retail merchants.
With Built-in Orderbooks, retail brokers get entry to deep liquidity, asset issuers can listing spot and perps devices for his or her property; and customers get entry to the very best execution, new property and net-new DeFi yield alternatives.
BSX launched in 2023 and processed over $15B in cumulative buying and selling quantity. The acquisition will present a path ahead for BSX token holders, who will likely be eligible for an airdrop of RISE’s upcoming native token, with 1.5% of the RISE token whole provide allotted to BSX tokens presently in circulation available in the market.
“Becoming a member of RISE is an unbelievable alternative for our group and our group,” stated Avi, CEO of BSX Labs. “We share a imaginative and prescient for a extra performant and clear onchain buying and selling future. With the sources and ecosystem of RISE, we will now construct that future at a a lot bigger scale.”
As a part of the mixing, the BSX decentralized alternate (DEX) will likely be sunsetted in a structured one-week course of. The shutdown of the BSX DEX will start on November 11, 2025 at 15:00 UTC. Customers can go to the BSX weblog for directions on closing positions and withdrawing property, and for additional particulars.
About BSX Labs
BSX Labs was the developer of the BSX Protocol, a decentralized perpetuals alternate on Base; backed by Blockchain Capital, Coinbase Ventures, Arthur Hayes and extra. The BSX group comes from a formidable background with previous expertise at Coinbase, Kraken, Bounce, and FalconX.
About RISE
RISE is a high-performance Ethereum Layer 2 that powers programmable markets onchain. Constructed for CEX-grade efficiency and full EVM composability; RISE permits builders, merchants, and establishments to create and hook up with world orderbooks alongside a thriving DeFi ecosystem with ease. RISE is rearchitecting the monetary stack for a clear, composable, and unstoppable onchain financial system.
Contacts
CGO
Sasha Mai
RISE Labs
[email protected]
Director
Henry Nguyen
BSX Labs
[email protected]