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MoonPay acquires Solana trading infrastructure platform in $100M all-stock deal

MoonPay acquires Solana trading infrastructure platform in $100M all-stock deal

The crypto payment and infrastructure firm MoonPay has acquired DFlow, a platform that facilitates trading on the Solana blockchain. MoonPay paid $100 million in stock to scoop up DFlow, two sources with direct knowledge of the matter told Fortune. 

MoonPay has been on a dealmaking spree, making six acquisitions since the beginning of 2025. Those include the purchase of Solana-based payment processor Helio, the stablecoin infrastructure firm Iron, the payments startup Meso, and the crypto infrastructure firm Decent. Meanwhile, MoonPay revealed last week it has acquired crypto key management company Sodot and launched an institutional business unit with former acting CFTC chair Caroline Pham at the helm. 

With this latest…

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