Solana-based DEX Jupiter acquires majority stake in Moonshot
Jupiter, Solana’s third-largest DeFi protocol, acquires a stake in Moonshot, though the deal’s specifics remain undisclosed.
Solana-based decentralized exchange (DEX) Jupiter announced the acquisition of a majority stake in Moonshot, an app that allows users to buy memecoins using Apple Pay.
Meow, Jupiter’s pseudonymous founder on Jan. 25 shared the news on X:
With a total value locked (TVL) of $2.83 billion, Jupiter ranks third among Solana DeFi protocols, following Raydium and Jito, according to DefiLlama.
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Author: Mehab Qureshi
