Moonpay Acquires Solana-Focused Crypto Payment Processor Helio
- Moonpay has acquired Helio, a Solana-focused payment processor.
- The acquisition deal is valued at $175 million.
- Helio will continue to operate as a separate brand under Moonpay’s ownership.
- Helio employees will become shareholders in the company post-acquisition.
Moonpay, one of the leading crypto onramps, has completed a $175 million acquisition of Helio. Despite the acquisition, Helio will maintain its brand identity and operate as a subsidiary of Moonpay, with its employees gaining shareholder status.
