MoonPay to Acquire North Capital for Over $60 Million
- MoonPay has announced an all-stock agreement to acquire North Capital for more than $60 million.
- North Capital’s platform has facilitated approximately $9 billion in primary and secondary transaction volume.
- The acquisition aims to enhance MoonPay’s infrastructure for issuing, trading, and managing tokenized securities.
- North Capital will operate as a subsidiary of MoonPay once regulatory approvals are secured.
- MoonPay previously launched Trade, connecting financial institutions with tokenized assets and liquidity solutions.
This acquisition reflects MoonPay’s strategy to expand its services beyond crypto payments into regulated capital markets, aiming to build a foundation for the mass adoption of tokenized real-world assets. The deal is currently pending regulatory approval.
With the planned acquisition of North Capital, which has handled around $9 billion in transactions, MoonPay is set to significantly enhance its capabilities in the tokenization space.
