DeFi Public Chain Katana Acquires On-Chain Sushi Business and VaultBridge

As reported by TechFlow, on November 12, Katana CEO Matthew Fisher revealed in an interview with FINTECH.TV that Katana has acquired Sushi's deployment operations on the Katana chain and VaultBridge. This follows the project's acquisition of IDEX earlier in March.

Fisher stated that Katana now operates both spot and perpetual contract trading platforms and has integrated VaultBridge into its operations. Revenue from spot and perpetual trading fees flows to the Katana Foundation, while sequencer fees and revenue generated from lending cross-chain assets on the Ethereum mainnet also serve as key income streams.

He noted that the tokenomics model will be adjusted in line with these acquisitions and evolving revenue sources, with token stakers receiving a portion of the aforementioned revenues.