MoonPay to acquire North Capital, eyeing private-securities trading venue
MoonPay has signed a definitive agreement to acquire North Capital Investment Technology, a firm that operates the PPEX alternative trading system. While the deal aims to integrate North Capital's brokerage and securities trading infrastructure into MoonPay's platform, the companies have not yet disclosed specific product details, launch dates, or eligibility requirements for customers. The acquisition remains subject to regulatory approvals and other closing conditions.
Summaries are written by AI from the original article. Not investment advice.