In a significant move within the cryptocurrency sector, MoonPay has acquired the Solana trading infrastructure firm DFlow in a $100 million all-stock transaction. This acquisition marks a pivotal expansion of MoonPay’s capabilities, enabling the integration of DFlow’s advanced execution platform, decentralized exchange (DEX) aggregation tools, and prediction markets API into its suite of services.
The announcement, made on May 5, 2026, emphasizes MoonPay’s strategy to enhance its offerings beyond traditional crypto payments. With this deal, DFlow is set to bolster MoonPay’s operational capabilities, particularly in the fast-growing Solana ecosystem.
Ivan Soto-Wright, the founder and CEO of MoonPay, highlighted the critical role DFlow has played in establishing robust trading infrastructure on the Solana blockchain. According to Soto-Wright, the acquisition will provide the speed, reliability, and scalability necessary for high-volume trading environments and agent-driven financial applications. The strategic decision to incorporate DFlow’s infrastructure comes without any cash payment involved in the transaction.
DFlow has made a significant impact in the Solana market, having processed over $50 billion in cumulative trading volume since April 2025. Recently, the platform recorded more than $12 billion in volume during the first quarter of 2026 alone, serving a user base of over 1 million active traders. DFlow currently collaborates with more than 500 applications within the Solana ecosystem, processing close to 10 million transactions each month. Reports indicate that during peak trading periods, DFlow transactions accounted for over 85% of the blocks on the Solana network.
Notably, DFlow’s trading volume surpassed that of its competitor, Jupiter, making it the top aggregator on Solana in November 2025. The company utilizes a sophisticated just-in-time routing system for on-chain execution, allowing it to optimize trade execution by checking prices at the point of settlement and potentially rerouting trades in real-time. This system displays a marked improvement over conventional aggregators, which limit route selection prior to submission, thereby mitigating trade failures and enhancing pricing accuracy.
In addition to its trading capabilities, DFlow has developed an API for Kalshi prediction markets on Solana, allowing for the full tokenization of Kalshi markets. This innovative approach represents each prediction market position as a native Solana token, facilitating real-time minting and settlement through DFlow’s infrastructure. Developers gain direct access to on-chain Kalshi markets, enabling them to integrate forecasting markets into their applications seamlessly.
Nitesh Nath, founder and CEO of DFlow, expressed enthusiasm about the acquisition, indicating that it will empower the company to broaden its reliable execution services on a global scale. The synthesis of DFlow’s infrastructure into MoonPay is seen as a transformative step, aligning payment processing, trading access, and market infrastructure into a unified platform.
With this acquisition, MoonPay significantly strengthens its position in the Solana ecosystem, paving the way for enhanced consumer crypto services and advancing the integration of payment solutions with advanced trading tools.
