Crypto
MoonPay acquires Solana-based trading infrastructure firm DFlow
Crypto onramp company MoonPay has acquired Solana-based trading infrastructure company DFlow, The Block reported on May 5. The terms of the deal were not disclosed. Fortune previously reported, citing unnamed sources, that MoonPay bought DFlow with $100 million worth of stock. MoonPay said DFlow has processed more than $50 billion in volume, handles about 10 million trades a month and supports 99.9 percent of Solana-based tokens.