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MoonPay Acquires Solana Trading Infrastructure Platform dflow in $100 Million Stock Deal

According to The Block and Fortune, MoonPay’s reported $100 million stock acquisition of dflow adds a Solana-based execution layer that says it covers 99.9% of Solana tokens and serves Coinbase and Phantom.

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Fact Check
All key elements of the claim are confirmed by the strongest possible sources. MoonPay's own official X account (@moonpay) retweeted the acquisition announcement, and DFlow's own official X account (@dflow) did the same — constituting bilateral confirmation from both parties to the deal. The original exclusive report by journalist Jack Kubinec (@whosknave) specifies the $100 million all-stock structure and the Solana trading infrastructure focus, all of which align precisely with the claim. Secondary news sources (MEXC) further corroborate the details. The deal structure (all-stock, $100 million), the acquirer (MoonPay), the target (dflow/DFlow), and the strategic rationale (Solana trading infrastructure into MoonPay's digital asset business) are all verified. No conflicting evidence was found.
Summary

MoonPay acquired dflow, a Solana-based execution layer platform, in a reported $100 million stock deal. According to The Block and Fortune, dflow has processed more than $50 billion in volume, handles about 10 million monthly trades, serves Coinbase and Phantom, and covers 99.9% of Solana tokens. The acquisition adds Solana trading infrastructure and execution technology to MoonPay’s broader digital asset payments and services business.

Terms & Concepts
  • Solana: A blockchain network designed for high throughput and low transaction costs, commonly used for trading, payments, and decentralized applications.
  • execution layer: A trading technology layer that helps route and carry out orders efficiently, often focusing on execution quality, speed, and pricing.