dYdX Announces First-Ever Acquisition: Buys Pocket Protector to Supercharge Social Trading

  • TL;DR dYdX acquired Pocket Protector to add social trading features, bringing in its co-founders Eddie Zhang and Kaiser Kinbote as president and head of growth. Pocket Protector has a team of nine engineers and a user base of 50,000. This acquisition comes after an internal restructuring at the exchange.