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Mati Greenspan’s Quantum Economics Secures Revault Network Acquisition

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Revault Network Bought Out by Mati Greenspan’s Quantum Economics

On April 13, Mati Greenspan’s Quantum Economics announced its acquisition of Revault Network, a decentralized finance (DeFi) platform that allows users to find the highest-return vaults without the need to choose where to deposit their funds.

The acquisition includes assets and intellectual property from the Revault Foundation and its subsidiaries, as well as the transfer of Revault founders’ tokens to Quantum Economics’ own DeFi project, Layered Cake Protocol.

Despite the acquisition, Revault Network’s DAO will continue to operate and vote on development decisions. This marks the first time an Israel-based company has purchased a DAO. Revault Network’s REVA token will also remain in use, with a current market cap of just $668,000 according to CoinGecko.

The acquisition builds on a previous partnership between Revault Network and Quantum Economics in 2022. Mati Greenspan, CEO of Quantum Economics, expressed his belief that the acquisition will help advance DeFi in general, noting that viable alternatives to traditional finance will allow investors to “invest in DeFi safely and easily.”

Greenspan, who is well-known in the blockchain sphere for his extensive commentary on the crypto industry and portfolio management advice, formerly served as a Senior Market Analyst at eToro before founding Quantum Economics.

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Roland is a Public Relations & Communications guru with an immense passion for the blockchain and crypto industry. A fusion of his expertise and passion led to the dawn of Optimisus in 2020.