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Blueprint Finance Acquires Jet Protocol to Expand Product Suite to Solana

Oct 29, 2024about 1 year ago

Acquiring Company

Blueprint Finance

Acquired Company

Jet Protocol

San FranciscoGreenwichSoftwareConsulting

Description

Blueprint Finance, core developer of the Concrete Network, has announced the acquisition of Jet Protocol, a developer of Solana decentralized finance products. The acquisition aims to expand Blueprint Finance's product suite to Solana and enhance its capabilities in the decentralized finance ecosystem.

Company Information

Company

Blueprint Finance

Location

San Francisco, California, United States

About

Blueprint Finance is a company focused on providing on-chain debt and credit solutions for the DeFi ecosystem. Its flagship product, the Concrete Protocol, is designed to offer higher yields, liquidation protection, and advanced predictions in DeFi money markets.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
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Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed