Summary
- MoonPay said it acquired Solana (SOL)-based trading protocol DFlow in a deal worth about $100 million.
- The deal was reportedly structured as a stock transaction.
- The market is watching future service integration and ecosystem expansion as payments combine with on-chain trading infrastructure.
Forecast Trend Report by Period
MoonPay, a global crypto payments company, has acquired Solana-based trading protocol DFlow, extending its expansion strategy.
MoonPay acquired DFlow for about $100 million, Fortune reported on May 5.
The deal was structured as a stock transaction, the report said.
DFlow is a protocol that provides trading infrastructure on the Solana network.
The acquisition suggests MoonPay is pushing beyond payments services into blockchain trading infrastructure.
Market participants are focused on how the combination of payments and on-chain trading infrastructure could shape service integration and ecosystem expansion.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
