Ribbon Finance was acquired by Aevo
After RGP-33 passed on 25 July 2023, Ribbon completed rebranding communication channels to Aevo by 25 August 2023, wound down Ribbonomics, and migrated RBN holders to AEVO at 1:1, ending Ribbon as a standalone brand.
Successor: Aevo
Founded 2020
Ribbon's team argued that Aevo's options and perpetuals exchange plus L2 should become the unified brand for structured products and derivatives. Governance proposal RGP-33 authorized folding Ribbon UI, design, channels and governance into Aevo, zeroing Ribbonomics emissions, and letting RBN migrate 1:1 into AEVO after the August 2023 rebrand window.
Ribbon Finance pioneered decentralized options vaults (DOVs) offering automated covered calls and puts, reaching hundreds of millions in TVL at peak. The same team later launched Aevo, a derivatives L2 and options/perps exchange, then merged the Ribbon brand into Aevo via governance.
No. Aevo acquired Ribbon Finance in August 25, 2023, and Ribbon Finance is not listing jobs on its own.
After RGP-33 passed on 25 July 2023, Ribbon completed rebranding communication channels to Aevo by 25 August 2023, wound down Ribbonomics, and migrated RBN holders to AEVO at 1:1, ending Ribbon as a standalone brand.
Look at Aevo. Ribbon Finance is not hiring as a standalone company.
Ribbon Finance was founded in 2020.