MoonPay Buys North Capital in $60M Onchain Expansion Push
MoonPay has agreed to acquire North Capital in a move that will expand its presence into onchain capital markets. The all-stock transaction is valued at over $60 million and will add North Capital's securities brokerage, investment advisory, and tokenization infrastructure to MoonPay's platform.
The deal marks the latest step in MoonPay's expansion beyond crypto payments into traditional financial markets. 'All financial markets are becoming more technology-driven,' said Ivan Soto-Wright, CEO of MoonPay. 'But the infrastructure supporting them remains fragmented across tech stacks, providers, and workflows.'
North Capital brings significant capabilities to MoonPay, including a private-markets investment platform with approximately $9 billion in primary and secondary transaction volume. The firm holds SEC licenses covering broker-dealer transactions, alternative trading system trading, transfer agent services, and investment advisory activity.