Katana acquires decentralized exchange IDEX

Katana (KAT), a DeFi-focused Layer 2 incubated by Polygon, has acquired the decentralized exchange IDEX to grow its Katana Perp platform, The Block reported. Katana Perp, a perpetual futures exchange, received investment from GSR Markets and Selini Capital at its launch. Project head Matthew Fisher explained that IDEX will help build the core foundation of Katana Perp. The financial terms of the acquisition were not disclosed.