The deal adds a Solana-based trading infrastructure platform that has processed more than $50 billion in volume and aggregates liquidity across multiple venues.
MoonPay has acquired DFlow, a trading infrastructure provider on Solana that routes and executes transactions across multiple liquidity sources.
Financial terms were not disclosed, though Fortune reported the deal was valued at around $100 million in stock, citing two sources with direct knowledge of the matter.
DFlow has processed more than $50 billion in trading volume on Solana since 2025, including over $12 billion in the first quarter of 2026, according to Tuesday's announcement. The platform supports more than 1 million users across 500 applications.
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