MoonPay to Acquire North Capital to Expand Into Tokenized Securities
MoonPay has signed a definitive agreement to acquire North Capital, a private-markets infrastructure firm. The deal provides MoonPay with a regulatory stack for private and tokenized securities, including SEC-registered broker-dealers, an alternative trading system (PPEX), and transfer-agent operations. This acquisition aims to integrate traditional market infrastructure with MoonPay's existing fiat and crypto payment capabilities.
Summaries are written by AI from the original article. Not investment advice.