MoonPay acquires Solana execution layer firm DFlow used by Coinbase, Phantom
DFlow is used by both Coinbase and Phantom and has processed over $50 billion in cumulative trading volume....
Key takeaways
- 1MoonPay acquired DFlow, a Solana execution layer firm processing over $50 billion in cumulative trading volume.
- 2DFlow is integrated with major platforms Coinbase and Phantom wallet for transaction execution.
- 3The acquisition strengthens MoonPay's position in Solana's DeFi infrastructure and trading ecosystem.
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Why it matters
This acquisition consolidates liquidity infrastructure on Solana, potentially affecting trading costs and speeds for Indian retail investors using Coinbase and Phantom. It signals institutional confidence in Solana's ecosystem amid growing competition in crypto execution services.
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