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RISE announced the acquisition of BSX Labs, and 1.5% of the total supply of RISE tokens will be allocated to circulating BSX tokens

Nov 12, 2025 12:32:00

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The Ethereum Layer 2 network RISE has announced the acquisition of the team behind the Base network Perp DEX platform, BSX Labs. BSX Labs will assist RISE in developing order book infrastructure components that are composable and based on the Ethereum Virtual Machine (EVM) to connect with traditional financial markets.

BSX token holders will be eligible for an airdrop of RISE's upcoming native token, with 1.5% of the total supply of RISE tokens allocated to the currently circulating BSX tokens. The BSX DEX will officially close on November 11, 2025, at 15:00 (UTC).

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