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MoonPay acquires Solana-based execution layer DFlow, reportedly for a transaction amount of about 100 million dollars.

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PANews May 6 news, according to The Block, cryptocurrency payment company MoonPay has acquired the execution layer DFlow based on Solana. According to anonymous sources cited by Fortune, the transaction amount is valued at $100 million in stock. DFlow is the trading infrastructure platform used by Coinbase and Phantom, having processed over $50 billion in transaction volume, handling about 10 million transactions per month, covering 99.9% of tokens on Solana. DFlow also created the only API that tokenizes Kalshi prediction markets onto Solana. MoonPay founder and CEO Ivan Soto-Wright stated that DFlow's execution layer will provide speed, reliability, and scalability for high-frequency trading and broker-driven financial applications.

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