Jupiter announced the acquisition of Coinhall and SolanaFM, significantly expanding the platform’s capabilities in data and liquidity aggregation on decentralized exchanges.
Acquisition of Coinhall
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.
Blockchain Data Expansion
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.
Future Updates
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.
These strategic moves demonstrate Jupiter’s commitment to expanding capabilities for users, offering enhanced tools for trading and analysis on decentralized exchanges.
Comments