MoonPay acquired multiple firms to enhance its capabilities and expand its market presence. It acquired Decent, a cross-chain routing and liquidity firm, in an eight-figure deal to power its new MoonPay Trade institutional trading API. Additionally, MoonPay acquired Dawn Labs to bolster its AI capabilities and launched an AI-powered tool for helping non-technical users build prediction-market trading strategies. The company also acquired DFlow, a Solana-based trading platform, in an all-stock deal reportedly valuing the transaction at about $100 million, which had processed over $50 billion in cumulative trading volume. Furthermore, MoonPay acquired Sodot, a crypto key management infrastructure company, for approximately $100 million to build its new institutional platform. As a result of these acquisitions, MoonPay reported serving over 30 million customers across 180 countries, reflecting continued expansion of its global user base.