Key points:
- Solana DEX aggregator Jupiter has acquired blockchain explorer SolanaFM.
- It has also acquired Coinhall, a decentralized trading terminal for Solana and Cosmos blockchains.
Jupiter acquires Coinhall and SolanaFM, expanding its decentralized exchange aggregator and blockchain data capabilities, with new products like Jupiter Mobile and Ape.Pro on the way.
Jupiter Acquires Coinhall to Expand Multi-Chain Trading
Jupiter has announced the acquisition of Coinhall, a leading aggregator for decentralized exchanges based on Cosmos. Coinhall serves over 225,000 users across 23 blockchain networks, enhancing Jupiter’s position in the multi-chain trading space.
This acquisition complements Jupiter’s recent acquisition of SolanaFM, a blockchain exploration company. Both deals strengthen Jupiter’s data infrastructure and liquidity aggregation, positioning the platform for continued growth in the decentralized exchange ecosystem.
Read more: Jupiter Staking Rewards Now Live, Claims Open Tomorrow!
Jupiter Acquires Coinhall and Enhances Blockchain Data Tools
In a strategic move, Jupiter acquires Coinhall to enhance its multi-chain trading capabilities. Coinhall supports swaps on decentralized exchanges on Solana and Cosmos, expanding Jupiter’s reach.
In addition to Coinhall, Jupiter’s acquisition of SolanaFM aims to enhance the platform’s blockchain data and infrastructure. Upcoming updates include a new mobile app and Ape.Pro, a memecoin trading platform that will launch soon.
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Source: https://coincu.com/283562-jupiter-acquires-coinhall-and-solanafm-to-expand