MoonPay to acquire SEC-registered North Capital in $60 million all-stock deal
60-second summary
MoonPay announces a $60 million all‑stock acquisition of SEC‑registered North Capital, aiming to accelerate mass adoption of tokenized real‑world assets, CEO Ivan Soto‑Wright says. The deal expands MoonPay’s compliance infrastructure and broadens its product suite, positioning the firm to capture growing institutional demand for regulated crypto services and potentially boosting its market valuation.
The acquisition will support MoonPay’s aim of supporting mass adoption of tokenized real-world assets, CEO Ivan Soto-Wright said.