CoinScoopMoonPay to acquire North Capital for over $60 million to enter tokenized securities
MoonPay is set to acquire North Capital Investment Technology, a Utah-based brokerage services firm, in an all-stock deal valued at over $60 million. North Capital holds various SEC-registered licenses, including broker-dealer, Alternative Trading System (ATS), and transfer agent status, which MoonPay intends to leverage for tokenized asset services.
Summaries are written by AI from the original article. Not investment advice.