MoonPay Acquires Solana-Based DFlow in $100 Million Deal

Source
JH Kim

Summary

  • MoonPay has acquired Solana (SOL)-based trading protocol DFlow in a deal valued at about $100 million.
  • The acquisition was reportedly structured as a stock payment to DFlow.
  • The market is watching how the deal will affect the combination of payments and on-chain trading infrastructure, as well as service integration and ecosystem expansion.

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Global crypto payments company MoonPay has acquired a Solana-based trading protocol, underscoring its broader expansion push.

MoonPay acquired Solana-based trading protocol DFlow in a deal valued at about $100 million, Fortune reported on May 5.

The transaction was structured as a stock deal for DFlow, the report said.

DFlow provides trading infrastructure on the Solana network.

The acquisition suggests MoonPay is expanding beyond its payments-focused business into blockchain trading infrastructure.

Market attention is centered on how the deal could reshape the combination of payments and on-chain trading infrastructure. Service integration and ecosystem expansion are emerging as key factors to watch.

Photo: MoonPay
Photo: MoonPay
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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