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Deep Tide TechFlow News, May 6th, according to The Block, MoonPay has acquired the Solana-based execution layer company DFlow to expand its trading infrastructure capabilities. DFlow is the trading infrastructure platform used by Coinbase and Phantom, with a total transaction volume exceeding $50 billion, handling approximately 10 million transactions per month, and covering 99.9% of tokens on Solana.
Fortune previously cited anonymous sources reporting that MoonPay completed the acquisition with $100 million in stock, but MoonPay declined to comment on the acquisition price.