YOP Boards Pluto Mothership

Published on: 30.09.2021

YOP announced that YOP has fully boarded the Pluto rocketship in a $20m takeover deal.

An incredible journey from the humble beginnings of working to simplify DeFi for the masses, YOP is now set for lift off in a mega restructure. Funded initially with just over $500,000; YOP stormed to success. Utilising the small raise to launch the project and establish its mission. YOP has demonstrated not only the markets’ appetite for decentralised finance but the opportunity on hand for a world class DeFi App to support industry growth. YOP has raised eyebrows in traditional financial markets and the crypto world alike and with Pluto taking it over, it is now primed for interstellar growth.

This brings us to the latest news and announcement of our takeover. For the complete YOP vision to be fully executed, we realised that we need more capital and larger partners to structure the project for long-term success. To this end YOP’s assets have been wholly acquired by Pluto Digital. This means fresh resources, funding and institutional grade management for a jet fueled, hyper growth future. A win for both parties and the community, which we believe could set a trend for accelerated growth across the crypto industry. Utilising world class software engineering talent, and an experienced team, Pluto is primed to reimagine, redevelop and relaunch YOP into this fascinating emerging market.

Pluto Director Barry Downes commented “We would like to thank Atif for his vision to create the YOP token and protocol and also his support of Pluto to acquire YOP. We look forward to allocating significant Pluto resources to reimagine, redevelop and relaunch the YOP platform and continue from day 1 to support the YOP project and its liquidity pools. Pluto is committed to delivering on the original vision of the YOP project and the community can look forward to engagement by the Pluto team to relaunch the project as YOP 2.0. Pluto has immediate plans to release a white paper on the DeFi sector and shortly afterwards a white paper on YOP 2.0, detailing the project and its future roadmap further. We look forward to engaging with the YOP community and keeping everyone up to speed on the redevelopment and relaunch with a series of announcements coming soon.”

During the re-structure period the teams have continued to strategise so no time is wasted in getting YOP 2.0 rolling. From today onwards all social media, news and updates will come from the new Pluto team.