Quant Shop Jump Trading Buys Blockchain Firm Certus One

  • Jump’s Pyth network offers up-to-second prices via blockchain
  • Certus One builds infrastructure for decentralized finance
Photographer: Gabby Jones/Bloomberg
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Quant firm Jump Trading Group has acquired blockchain-engineering company Certus One for an undisclosed amount.

The move is the latest step into decentralized finance for the closely held quantitative trading house, which in April announced Pyth, a network that blasts out up-to-the-millisecond price updates on stocks, traditional currencies and cryptocurrencies via the blockchain.