Moonpay Acquires North Capital to Expand Tokenized Securities
- Moonpay has agreed to acquire North Capital Investment Technology, enhancing its infrastructure with SEC-regulated services.
- The all-stock deal is valued at over $60 million, reflecting increasing demand for tokenization of real-world assets.
- North Capital’s platform has processed over $8.7 billion in transaction volume and supports more than 1,250 approved assets for secondary trading.
- Upon completion, North Capital will become a wholly owned subsidiary of Moonpay.
This merger positions Moonpay to further integrate traditional and tokenized private securities into its global operations, leveraging North Capital’s established market infrastructure and regulatory compliance. The acquisition aligns with the growing trend of digital asset companies seeking regulated market access as interest in tokenizing real-world assets rises.
With boards from both companies approving the transaction, Moonpay aims to scale adoption of tokenized real-world assets by integrating North Capital’s capabilities into its platform. (Source)
