MoonPay acquires Helio for $175M to expand crypto payments infrastructure
Sound Planning Group CEO David Stryzewski discusses Big Tech stocks weighing on the market, employment data and whether silver will lead in the U.S. economy.
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.