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In BlockBeats news on May 6th, MoonPay announced the acquisition of DFlow, a Solana transaction infrastructure company. DFlow is used by major products such as Coinbase and the Phantom wallet, has processed over $500 billion in transaction volume, handles approximately 10 million transactions per month, and covers 99.9% of tokens on Solana. The acquisition will be completed in an all-stock transaction valued at around $100 million, although MoonPay has not officially disclosed the specific amount.
MoonPay CEO Ivan Soto-Wright stated that DFlow's transaction infrastructure will bring high-speed, reliable, and scalable capabilities to MoonPay, supporting high-frequency trading and next-generation DeFi applications. DFlow founder Nitesh Nath mentioned that after joining MoonPay, DFlow will serve emerging areas such as prediction markets.
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