Solana DEX aggregator Jupiter acquires SolanaFM, Coinhall

CN
Theblock
Follow
5 hours ago

Jupiter co-founder Siong Ong announced Friday at the Solana Breakpoint event in Singapore that the Solana-based decentralized exchange aggregator has acquired blockchain explorer SolanaFM.

“By joining forces with Jupiter, we’ll focus on 10x-ing the data and infrastructure capabilities on Jupiter,” SolanaFM said in an X post. SolanaFM, which raised $4.5 million from SBI Group in 2022, allows users to access and interact with Solana data through its indexer and explorer tools. 

“We are also buying Coinhall, the number one aggregator across Cosmos,” Jupiter’s Ong said during his keynote speech at Breakpoint. Coinhall, an onchain trading terminal, provides swaps across decentralized exchanges on Solana and Cosmos blockchains. According to Ong, Coinhall has over 225,000 users across 23 chains. 

At Friday’s event, Ong also announced other critical updates for Jupiter that will go live in the coming weeks, such as Jupiter Mobile, a mobile app built with MoonPay that Jupiter users can access via Apple or Google Pay with zero platform fees.

Other updates include the planned launch of Ape.Pro, an upgrade to its memecoin trading platform Ape that plans to allow users to trade and mint memecoins on mobile with social logins.

Jupiter is also launching its own API platform, Metropolis, to provide more comprehensive liquidity APIs for developers across token, price and swap APIs. “With [Metropolis], all liquidity needs are in one single set of APIs,” Ong said.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share