JupiterExchange Acquires Majority Stake in Moonshot, Expanding Solana's Memecoin Trading

Jan 25, 2025, 08:26 AM

JupiterExchange, a Solana on-chain aggregated decentralized exchange, has announced the acquisition of a majority stake in Moonshot, a cryptocurrency trading platform focused on memecoin transactions. This move is seen as a strategic expansion for JupiterExchange, aiming to enhance its offerings in the cryptocurrency trading space. The acquisition was announced on X, formerly known as Twitter, and has been highlighted by various sources as a significant development in the crypto industry, potentially signaling optimism about future market conditions and increased merger and acquisition activity.