Acquired by MoonPay defloAccording to a statement on Tuesday, the Solana-based execution layer was added as cryptocurrency adoption expands into trading infrastructure.
DFlow operates as a trading infrastructure platform designed to optimize trading and is used by both Coinbase and Phantom. According to MoonPay, the company has processed more than $50 billion in cumulative transaction volume and processes approximately “10 million transactions per month with 99.9% token coverage on Solana.”
“In just one year, DFlow has become one of the most important trading infrastructures in Solana,” said Ivan Soto-Wright, founder and CEO of MoonPay. “Introducing an execution layer to MoonPay adds the speed, reliability, and scale needed to support everything from high-volume transactions to next-generation agent-driven financial applications.”
Fortune first reported the sale on Tuesday, citing unnamed sources who said the platform paid $100 million in stock to acquire DFlow. MoonPay declined to comment on the acquisition price.
MoonPay’s acquisition of DFlow suggests that the popular cryptocurrency marketplace, founded in 2019, is looking to expand into trading infrastructure. People often use MoonPay to convert fiat to cryptocurrencies, and DFlow’s infrastructure has become an integral part of the Solana trading ecosystem.
“DFlow was built to solve one of the toughest problems in cryptocurrency: providing reliable execution in fragmented on-chain environments,” said Nitesh Nath, Founder and CEO of DFlow. “Joining MoonPay will enable us to scale its infrastructure globally and support a new generation of applications, from trading platforms to autonomous agents.”
DFlow also has a footprint in the rapidly growing prediction market space. company Created only one API According to MoonPay, this will tokenize the Karshi prediction market on Solana. Using the API, all markets on Kalshi’s order book are represented by Solana tokens that can be minted and settled by DFlow.
