RISE and BSX Bridge DeFi and Traditional Finance with First Integrated Orderbooks

RISE, a high-performance Ethereum Layer 2 blockchain, has acquired BSX Labs, the team behind the decentralized perpetuals exchange BSX on Base, to accelerate the development of the first integrated orderbooks onchain, as reported by LiveBitcoinNews. The acquisition, announced on November 11, 2025, aims to bridge traditional financial markets with blockchain technology by leveraging BSX's expertise in hybrid orderbook trading systems. BSX, which processed over $15 billion in cumulative trading volume since its 2023 launch, will now contribute to RISE's vision of creating synchronously composable orderbook primitives compatible with both decentralized finance (DeFi) and traditional financial infrastructure, according to DailyHodl.

The integration of BSX's technology and talent positions RISE to fast-track its roadmap for launching a native, best-in-class orderbook infrastructure. Sam Battenally, CEO of RISE, emphasized that the BSX team's "impressive trading engine" attracted significant volume and a loyal user base, making the acquisition a strategic step toward achieving CEX-grade performance onchain, LiveBitcoinNews reports. The collaboration is expected to deliver Integrated Orderbook Primitives that enable synchronous composability with DeFi applications, higher throughput, and deeper liquidity for retail and institutional traders.

The market remains underserved by fully composable orderbooks at scale, according to RISE. Current solutions are either fragmented or constrained by the underlying blockchain's capacity. With the projected growth of stablecoins and tokenization, RISE and BSX are betting that integrated perpetual and spot orderbooks will become the preferred infrastructure for brokers, asset issuers, and retail traders, DailyHodl notes. For example, Standard Chartered's recent foray into stablecoin integration in Singapore—launching a credit card that allows spending stablecoins at physical merchants—highlights the growing demand for seamless digital asset adoption.

BSX token holders will receive an airdrop of RISE's upcoming native token, with 1.5% of the RISE token supply allocated to circulating BSX tokens. Avi, CEO of BSX Labs, called the partnership an "incredible opportunity" to scale their vision of a transparent onchain trading future, LiveBitcoinNews reports. The BSX decentralized exchange will be sunsetted in a structured one-week process beginning November 11, 2025, at 15:00 UTC, with users directed to the BSX blog for withdrawal instructions, DailyHodl adds.

The acquisition underscores a broader trend of institutional-grade blockchain innovation. For instance, Standard Chartered's DeCard partnership with DCS Card Centre in Singapore demonstrates how traditional financial institutions are aligning with DeFi to facilitate stablecoin payments. Similarly, Uniswap's recent UNIfication proposal, which introduces protocol fees and token burns to create a deflationary model, reflects the sector's focus on sustainable governance and value accrual, DailyHodl notes.

As RISE and BSX advance their integrated orderbook infrastructure, the move could reshape liquidity access for asset issuers and traders. With the Ethereum ecosystem increasingly prioritizing scalability and composability, the success of projects like RISE's Integrated Orderbooks may set new benchmarks for onchain financial systems.