MoonPay Expands with Planned Acquisition of North Capital

MoonPay is expanding its services beyond crypto payments with a planned acquisition of North Capital Investment Technology.

The deal would add private-securities infrastructure, brokerage services, and secondary trading capabilities to MoonPay's existing payment business.

North Capital operates as a registered broker-dealer and runs PPEX, an alternative trading system for eligible private securities.

MoonPay has not announced how customers could access North Capital's securities services or when the deal would close, pending regulatory approval and closing conditions.