Orca to merge with Loopscale, operate as Formation on Oct. 8
Orca and Loopscale plan to combine teams and technology to operate as Formation starting 8 October 2026, aiming to expand on-chain financial markets and finance areas including AI, robotics and defense.
Orca and Loopscale are combining to operate as Formation on 8 October 2026, bringing their teams and technology together in a single operation. The combined group said it aims to expand onchain financial markets and finance areas including AI, robotics and defense. Formation will bring trading, lending and vaults into one operation.