MoonPay to acquire SEC-registered North Capital in $60 million all-stock deal

MoonPay is acquiring SEC-registered North Capital through an all-stock deal valued at over $60 million. This strategic acquisition provides MoonPay with a US broker-dealer and essential trading and investment infrastructure, facilitating its expansion into tokenized securities. By integrating North Capital, MoonPay positions itself as a comprehensive financial services provider, significantly enhancing its institutional appeal. This move is part of a broader acquisition spree aimed at strengthening its capabilities within the regulated financial landscape.