MoonPay Acquires Helio for $175 Million
- MoonPay has acquired Helio, a Solana-powered crypto payment processor, for $175 million.
- Helio was launched in 2022 and has processed over $1.5 billion in transactions.
- The acquisition aims to expand MoonPay’s trading and marketplace volume.
- Helio supports payments with digital currencies like USDC, SOL, BTC, and ETH.
- MoonPay has over 20 million users, while Helio supports over one million users and 6,000 merchants.
This acquisition strengthens MoonPay’s infrastructure by integrating Helio’s technology to enhance crypto commerce capabilities. The deal follows MoonPay’s strategic partnership with PayPal earlier this year.
