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RISE announces the acquisition of BSX Labs, with 1.5% of the total supply of RISE Token to be allocated to circulating BSX Token.
According to Mars Finance, on November 12, the Ethereum Layer 2 network RISE announced the acquisition of the team behind the Base network Perp DEX platform BSX, BSX Labs. BSX Labs will assist RISE in developing order book foundational components that are syncable and based on the Ethereum Virtual Machine (EVM) to connect with the TradFi market. BSX token holders will be eligible for the 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 time).