Jupiter’s Acquisitions

At the Solana Breakpoint event in Singapore, Jupiter, a decentralized exchange (DEX) aggregator, announced its acquisition of two key platforms: SolanaFM, a blockchain explorer, and Coinhall, a decentralized trading terminal for Solana and Cosmos.

SolanaFM and Coinhall’s Role

SolanaFM is known for providing users with access to Solana blockchain data through its indexer and explorer tools. Coinhall, on the other hand, is a trading terminal that aggregates swaps across decentralized exchanges, catering to more than 225,000 users.

Enhancing Jupiter’s Capabilities

Jupiter co-founder Siong Ong stated that the acquisition of these platforms will significantly enhance the data and infrastructure capabilities of Jupiter. This will help the platform improve its services across multiple chains, including Solana and Cosmos.

Future Plans

Jupiter also announced a number of new initiatives, including the launch of its mobile app, Jupiter Mobile, and an upgrade to its memecoin trading platform, Ape.Pro. Additionally, the platform plans to roll out its API service, Metropolis, to offer comprehensive liquidity solutions for developers. Source
Former Coinbase Exec Launches Stablecoin-Native Exchange
Previous Post
Former Coinbase Exec Launches Stablecoin-Native Exchange