PsyOptions Acquires Tap Finance for Undisclosed Sum

PsyOptions Acquires Tap Finance for Undisclosed Sum
Solana-based options trading platform PsyOptions has acquired Tap Finance in a bid to add structured investment products to its lineup.PsyOptions paid for Tap Finance with a mix of tokens and cash, core contributor Tommy Johnson said. He declined to state its total value, saying it would “distract” from the news.The deal bolsters PsyOptions’ effort to become a full-service crypto options outfit. Already host to “American style options” (which traders can execute right up to expiration), it will now also house Tap’s “Decentralized Options Vault,” or DOV.Read more: PsyOptions Raises $3.5M for Options Liquidity Mining and NFT DerivativesDOVs spin up complex…