MoonPay to Acquire North Capital for Over $60 Million
MoonPay has agreed to acquire North Capital Investment Technology in an all-stock deal valued at over $60 million. The acquisition includes North Capital’s SEC-registered broker-dealers and the PPEX alternative trading system. MoonPay aims to leverage these regulated units to build a foundation for tokenized real-world assets.
Summaries are written by AI from the original article. Not investment advice.