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Pump.fun acquires Vyper to expand cross-chain trading terminal

The Block
Solana memecoin launchpad Pump.fun has acquired trading execution terminal Vyper to enhance its cross-chain trading infrastructure.

Summary

Solana memecoin launchpad Pump.fun has acquired the trading execution terminal Vyper as part of a strategic expansion. Vyper's team and technology will be migrated to Pump.fun's Terminal platform, which was previously rebranded from Padre, a multichain trading platform focusing on memecoins. The acquisition is specifically aimed at improving EVM support, including trading on Base, leveraging Vyper's infrastructure and talent. Pump.fun co-founder Alon Cohen stated that despite challenging market conditions, the company is aggressively expanding to build rapid and efficient cross-chain trading infrastructure, which is critical for their core platform, mobile app, and Terminal. Financial details of the deal were not disclosed.

(Source:The Block)