YdX Trading Inc. acquires West Hollywood's Pocket Protector, a Telegram-native trading app with 50,000 users, to expand its product suite and integrate social trading features.

The app-based marketplace facilitates real-time trading and instant settlement of unique asset classes - such as tokenized IPOs, music royalty rights, feature films, celebrity ventures, SPACs ...

Decentralized exchange (DEX) dYdX said it bought Pocket Protector, a social-trading startup known for its Telegram-based ...

Chris Josephs, co-founder of the viral investing app Autopilot, said the new tool enables users to track and replicate the portfolios of politicians and others who have raked in money.

As platforms like dYdX adapt to social-first tools, competition could shift toward interface design and mobile accessibility.