MoonPay acquires Helio for $175M to expand crypto payments infrastructure

Crypto payments platform MoonPay has acquired blockchain payment processor Helio for $175 million, marking the start of what could be a series of strategic mergers in the digital asset space under the crypto-friendly Trump administration, FOX Business has learned.

The acquisition is privately-held MoonPay’s largest to date and will expand its payments infrastructure by integrating Helio’s technology, which enables crypto transactions on certain e-commerce platforms like Shopify and Discord.

News of the deal has not been reported.

SENATE BANKING COMMITTEE TO LAUNCH…

Source link