MoonPay Acquires Helio Crypto Payment Processor for $175 Million
Business/Finance

MoonPay Acquires Helio Crypto Payment Processor for $175 Million

MoonPay's acquisition will enhance its capabilities in cryptocurrency transactions.

MoonPay Acquires Helio for $175 Million

MoonPay has acquired Helio, a crypto payment processor based on Solana. This deal is valued at $175 million. According to Fox Business, this acquisition is a significant step towards enhancing MoonPay's operations in the cryptocurrency sector.

Details:

  • The acquisition aims to increase trading and marketplace capabilities using Helio’s services.
  • Ivan Soto-Wright, CEO and co-founder of MoonPay, stated:
    "This acquisition is an important step in advancing our vision for the future of payments.”
    (Translated: "Acquisition ini adalah langkah penting dalam mengembangkan visi kami untuk masa depan pembayaran.")

Helio has been active since 2022 and allows integration of digital currencies such as USDC, SOL, BTC, and ETH into business operations. The company has processed over $1.5 billion in transactions and partnered with platforms such as Discord, WooCommerce, and Shopify.

With this acquisition, MoonPay aims to strengthen its position in the crypto payment landscape, supporting over 20 million users of its platform.

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